Boosting export competitiveness in Brazil
The drawback integrado reduces export costs for companies, boosting their competitiveness. Lack of knowledge hampers Brazil's export growth. Ministry conducts workshops.
00:00:00 The drawback integrado is a special regime that reduces the cost of inputs and capital goods for exporting companies, making them more competitive in the global market.
The video discusses a special regime called drawback integrado that incentivizes exports by reducing taxes and tariffs on imported inputs and capital goods.
This regime allows for a reduction of up to 75% on the value of imported inputs and capital goods, and 23-35% on domestically purchased goods.
The objective of drawback integrado is to increase exports and make them more cost-effective and competitive in the international market.
00:01:05 Lack of knowledge among small business owners hampers export growth in Brazil. Ministry conducts workshops and seminars to address the issue.
ā In 2009, out of the 193 billion reais exported by Brazilian companies, only 38 billion utilized the integrated drawback system.
š” The Ministry of Development, Industry, and Foreign Trade believes that the lack of knowledge, particularly among micro and small business owners, is the main reason for the low participation in the system.
š To address this issue, the ministry organizes monthly workshops and seminars in BrasĆlia and other locations to raise awareness and provide information to entrepreneurs and individuals in the sector.
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