Brazil: Rice imports from outside Mercosur are lower than expected in November
Rice
Brazil
Published Dec 5, 2020
Tridge summary
Last month, 83 thousand tons of rice were purchased, well below the quota of 400 thousand tons that can enter without tariff
Original content
Even with the decision of the federal government to zero the tariff on rice from outside Mercosur, for the husked and processed product, until December 31 of this year, imports from countries outside the bloc were timid in November. 56,000 tonnes were purchased from the United States, 12,000 tonnes from India, 9,000 tonnes from Suriname and 6,000 tonnes from Guyana, according to data from Cogo - Intelligence in Agribusiness. According to the consultancy, these volumes add up to only 83 thousand tons (bark basis) of the quota of 400 thousand tons that can enter without import tax in Brazil until December 31 of this year. In fact, imports from third markets and without import tax are insignificant in terms of domestic supply. Cogo also points out that retailers and industries in several states consulted on prices and quality of options for rice imported outside Mercosur, mainly the United States, India and Guyana, but understood that the time between the arrival of the product in ...
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