Potential barriers may have an impact of US$ 46.2 billion on Brazilian exports, shows study by CNI

With changes in the global economy over the past few years, barriers to international trade have become more sophisticated and have gained new formats, often difficult to identify. A study by the National Confederation of Industry (CNI) has mapped out five new categories of measures or trends that could become obstacles to the movement of goods worldwide.

These new categories are related to private standards and market initiatives; sustainability, climate change, food security, and reputational barriers. Although they seek legitimate objectives if applied indiscriminately and disproportionately, these measures can become permanent and discriminatory barriers to the circulation of goods worldwide, with a direct impact on Brazilian exports.

Among the Brazilian products that may be affected by these barriers are cheese bread, beef, pork, chicken, and energy-intensive textiles and industrial products.

CNI calculations show that potentially US$ 46.2 billion of Brazilian exports could be affected, representing 22% of its sales abroad if these measures characterize effective obstacles to international trade. The value represents Brazilian exports in these five categories in 2020.

Today, among the barriers in other countries against Brazilian products notified by the private sector to the federal government and those still being evaluated, there are 36 that already fall into these five categories. These barriers are already being felt. Among the economies that apply them are the European Union, the United States, and China.

Source: Comex do Brasil

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https://www.comexdobrasil.com/barreiras-potencial-podem-impactar-us-462-bilhoes-em-exportacoes-brasileiras-mostra-estudo-da-cni/

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