Factsheet: Ethanol and Biodiesel Import Tariff

Ethanol and Biodiesel Import Tariff

Key Information
Full name of Instrument & Measure (English): 
Ethanol and Biodiesel Import Tariff
Description: 
For the ethanol import tariff, In December, 2011, the GoB, through Resolution #94 of the Ministry of Development, Industry and Commerce (MDIC)/Chamber of Foreign Trade (CAMEX) extended the zero import tariff applied to ethanol with less than one percent water from December 31, 2011 to December 31, 2015. Note that according to the Mercosul (Common Southern Market) agreement, the import tariff for ethanol is 20 percent, however, since April 2010, the product was included in the “list of exceptions” and cut to zero percent. According to the Secretariat of Foreign Trade, the import tariff applied to biodiesel is set at 14 percent.
Goal/Aim: 
Support advanced biofuels
Responsible Authority: 
Ministry of Development, Industry and Commerce (MDIC)/Chamber of Foreign Trade (CAMEX)

Status:

Trade Relevance: 
Policies with direct impact on imports/exports
Year Instrument & Measure Started: 
2011
Year Instrument & Measure Ended: 
2015