1. Home
  2. / Economy
  3. / It’s Not Just Trump: Venezuela Joins In And Announces It Will Tax Brazil By Charging Taxes On Previously Exempt Brazilian Products
Reading time 4 min of reading Comments 0 comments

It’s Not Just Trump: Venezuela Joins In And Announces It Will Tax Brazil By Charging Taxes On Previously Exempt Brazilian Products

Written by Alisson Ficher
Published on 27/07/2025 at 15:07
Updated on 27/07/2025 at 15:08
Venezuela inicia cobrança de impostos sobre produtos brasileiros, contrariando acordo de 2014 e impactando exportações, especialmente em Roraima.
Venezuela inicia cobrança de impostos sobre produtos brasileiros, contrariando acordo de 2014 e impactando exportações, especialmente em Roraima.
  • Reaction
1 person reacted to this.
React to this article

Venezuela Surprises Export Sector by Starting to Charge Taxes on Brazilian Products, Contradicting Trade Agreement in Place Since 2014. Change Directly Impacts Roraima and Causes Uncertainties in Bilateral Trade.

Venezuela has started charging taxes on imported Brazilian products, contrary to Economic Complementation Agreement No. 69, signed between the two countries in 2014, which established tariff exemption for these commercial transactions.

According to information from the Poder 360 portal, the change in trade policy surprised the Brazilian export sector and has not yet been officially communicated by the Venezuelan government to Brazil.

So far, Brazilian authorities are still awaiting formal clarification on Venezuela’s decision, which directly impacts the trade relationship between the neighboring countries.

The Ministries of Foreign Affairs and Development, Industry, Trade, and Services are closely monitoring the difficulties reported by national exporters.

According to a note issued by the Federation of Industries of the State of Roraima (FIER), the institution’s International Business Center has already begun investigations to identify specific obstacles involving the acceptance of Certificates of Origin of Brazilian goods by Venezuelan authorities.

The Brazilian embassy in Caracas is also involved in the investigations to obtain details about the reasons that led to the start of taxation.

The Economic Complementation Agreement No. 69, established under the Latin American Integration Association (ALADI), expressly prohibits the imposition of import taxes between Brazil and Venezuela on a defined set of products.

The non-compliance with this agreement had not been reported in previous negotiations.

Direct Impact on Brazilian Exporters

Earlier this month, Brazilian exporting companies began reporting difficulties in recognizing the certificates of origin, an essential document to ensure the tax exemption provided by the agreement.

Without this recognition, products shipped from Brazil to Venezuela are now being taxed normally, increasing costs and generating insecurity for business owners and producers, especially in the North region of Brazil.

Roraima, which shares a land border with Venezuela, is the Brazilian state most affected by the changes.

The economy of Roraima significantly depends on exports to the neighboring country, considered the main trading partner of the federal unit.

Brazil-Venezuela Trade Data

In 2024, according to data from the Ministry of Development, Industry, Trade, and Services, bilateral trade between Brazil and Venezuela generated around US$ 1.6 billion.

Of this total, Brazilian exports accounted for US$ 1.2 billion, equivalent to 0.4% of all the volume exported by Brazil during the period.

Among the main items sent from Brazil to the Venezuelan market are sugars and various food products, such as rice, beans, vegetable oils, and primarily, corn.

These products play a fundamental role in Venezuela’s food security, which has faced logistical challenges and supply difficulties in the food sector for years.

The restriction of trade with Brazil may exacerbate the instability scenario in the neighboring country while creating uncertainties for rural producers and industries located in Northern Brazil.

International Context and Justifications

The decision to tax Brazilian products occurs in an international context marked by trade disputes and tensions in bilateral agreements.

Recently, similar measures gained prominence in the United States, where President Donald Trump announced the intention to impose tariffs on several foreign products.

In the Venezuelan case, however, the motivations and justifications have not yet been officially clarified by local authorities, who remain silent on the issue.

The Federation of Industries of the State of Roraima is maintaining dialogue with Brazilian government agencies to seek a solution.

The aim is to restore compliance with the existing agreement and ensure that exporters are not harmed by unilateral measures.

Organizations such as the National Confederation of Industry (CNI) and the Brazil-Venezuela Chamber of Commerce are also monitoring the situation and providing support to affected companies.

Consequences for the Local Economy

In the commercial scenario, the imposition of tariffs may bring negative impacts both for Brazilian exporters and for Venezuelan consumers, who already face high inflation rates and restrictions on access to basic products.

According to experts, the tax requirement increases food prices and compromises the supply dynamics, worsening Venezuela’s socioeconomic situation and directly affecting low-income families.

On the other hand, Brazilian producers are seeking alternatives to bypass the imposed barriers, including diversifying markets and strengthening trade relations with other South American countries.

Could Venezuela’s stance toward Brazil encourage other South American countries to adopt similar measures? What paths do you believe are most effective in protecting the interests of domestic exporters in light of this new challenge in international trade?

Sign up
Notify of
guest
0 Comments
most recent
older Most voted
Built-in feedback
View all comments
Alisson Ficher

A journalist who graduated in 2017 and has been active in the field since 2015, with six years of experience in print magazines, stints at free-to-air TV channels, and over 12,000 online publications. A specialist in politics, employment, economics, courses, and other topics, he is also the editor of the CPG portal. Professional registration: 0087134/SP. If you have any questions, wish to report an error, or suggest a story idea related to the topics covered on the website, please contact via email: alisson.hficher@outlook.com. We do not accept résumés!

Share in apps
0
I'd love to hear your opinion, please comment.x