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2022-10-15
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Brazilian temporary tariff reduction machinery enterprises grasp the development opportunity

Brazilian temporary tariff reduction machinery enterprises grasp the development opportunity

China Construction machinery information

Guide: Recently, the Brazilian Foreign Trade Commission announced that from February 5, the import tariff of 147 kinds of mechanical equipment and information and communication products in Brazil will be reduced to 2%, and zero import tariff and loose export tariff of parts will be implemented for two kinds of information and communication products, which is valid until December 31, 2010. It is understood that the tax relief mainly involves railway, metallurgy, civil engineering

recently, the Brazilian Foreign Trade Commission announced that from February 5, the import tariff of 147 kinds of mechanical equipment and information and communication products in Brazil will be reduced to 2%, and zero import tariff will be implemented for the two kinds of information and communication products, which are valid until December 31, 2010. It is understood that the tax relief mainly involves railway, metallurgy, civil construction, oil and other fields

Duan Jiaxuan, a researcher in the machinery industry of CIC consulting, believes that in 2009, affected by the weakness of the European and American markets, the export of China's machinery industry showed a sharp decline. By 2010, the recovery of the European and American markets was still not optimistic, while the economic recovery of developing countries represented by Brazil was better. In addition, the Brazilian government issued a one-year import tariff reduction measure, It will directly stimulate China's machinery and equipment manufacturing enterprises to increase exports to Brazil, which is a good development opportunity for China's machinery manufacturing enterprises

according to the data of CIC Consulting Industry Research Center, 4. The technical parameters of thin film pendulum impact testing machine show that in 2009, China's machinery industry earned a total of US $1958 billion in foreign exchange, a year-on-year decrease of 19.25%, and the export situation is grim. In the first two months of 2010, affected by the sovereign debt crisis, the economic recovery in Europe and the United States is worrying. It is expected that the shrinking demand in the European and American markets will not be fundamentally improved in the short term. Due to the relatively good economic recovery in emerging markets such as Brazil and India, domestic engineering construction projects are gradually increasing, and the demand for machinery and equipment is gradually rising

in addition, China's machinery manufacturing enterprises are expected to benefit directly from the one-year import tariff reduction and exemption measures implemented by the Brazilian government in early February, which has the most obvious impact on some of the counterpart enterprises in the tax reduction and exemption list. Because the reduction of tariffs will directly bring about a stronger price advantage and higher cost performance of our products. A good cost performance will help expand the market share of China's machinery manufacturing enterprises in Brazil to meet their own needs and even the needs of the world, and the extra funds saved can continue to be invested in the R & D and innovation of enterprises

Duan Jiaxuan also pointed out that the Brazilian government's implementation of temporary tariff relief measures this time, although it has a significant positive impact on enterprises whose tax reduction involves related products, there is also a problem of narrow coverage, which has little substantive impact on some small and medium-sized enterprises or enterprises with less export business

the latest "China machinery industry investment analysis and prospect forecast report" released by CIC consultants shows that most countries in the world have a significant feature in terms of tariff structure, and tariffs continue to increase with the gradual deepening of product processing, as well as the machinery industry. Specifically, the tariff rate of manufactured machinery is higher than that of intermediate products, and the tariff rate of intermediate products is higher than that of primary products

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