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India lowers tariff on Chilean blueberry exports

Fresh Blueberry
Published Mar 1, 2024

Tridge summary

The Indian Ministry of Finance has significantly reduced tariffs on blueberries, turkey meat, and cotton from February 20, 2024. The tariff on fresh, frozen, and dried blueberries and cranberries has been cut from 30% to 10%, while canned or prepared cranberries and blueberries will now have a tariff of 5% and 10% respectively. This move is anticipated to boost Chilean blueberry exports to India, a crucial market for Chilean exports. In the 2022-2023 season, Chile exported nearly 30 thousand tons of fresh fruits to India, with blueberries ranking as the fifth most exported fruit.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Chilean blueberry producers and exporters received positive news after the Indian Ministry of Finance notified (No. 10/2024) the reduction of tariffs for blueberries as of February 20, 2024. Likewise, the Government India also lowered tariffs on turkey meat and cotton as of the same date. According to this, the standard tariff rate on fresh, frozen and dried blueberries and cranberries is reduced to 10% from the previous tariff of 30%. Canned or prepared cranberries will now have a standard tariff rate of 5%, while similarly packaged blueberries will have a tariff of 10%. “We believe that this is very good news for our blueberry exports to India, since the Indian market is of special importance for Chilean exports. Many of our products already enter this market, but promoting greater volumes involved improving entry conditions, such as high tariffs, as well as logistics. We believe that this lower tariff for our blueberries makes us think about greater opportunities. in India, a ...
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