HomeNewsOlive Oil: Brazilian government approves tax exemptions on imports

Olive Oil: Brazilian government approves tax exemptions on imports

The Brazilian government has recently approved a complete exemption of import duties on extra virgin olive oil, previously taxed at 9%, as announced by the Tunisian Embassy in Brazil. This measure came into effect on March 14, 2025.

According to a statement released on Saturday by the Export Promotion Center (CEPEX), this Brazilian decision represents a significant opportunity to strengthen the position of Tunisian olive oil in this promising market.

In 2024, Brazil’s total olive oil imports reached approximately 250,000 tons, valued at around $695 million (over 2.1 billion dinars), according to the same source.

The Tunisian Embassy has expressed its readiness to support all national economic institutions exporting olive oil by providing them with the necessary data and assistance.

This includes helping them register their laboratories in the Brazilian Ministry of Agriculture’s database, a crucial step for accessing the Brazilian market.

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