Import

According to the website of the Special Department of Federal Revenue of Brazil, “import includes the temporary or permanent entry into the national territory of goods or services originating or coming from other countries, either for payment or free of charge”.

Import can be direct or indirect, and the import process consists of three stages: administrative, exchange and fiscal.

Import advantages

  • Reduction of production and labor costs;
  • Time savings, as importing generally takes less time than producing a product;
  • Some Governments offer incentives to import some goods;
  • An exchange rate advantage may occur if the currency of the country of origin is more devalued.

Import disadvantages

  • Possibility of delay in delivery, causing damage to the importer;
  • Requires careful planning, as any failures lead to high financial losses.

Do you want to import a product or feedstock from another country and need help?

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