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- (-) May 2024
- (-) Burma
- (-) Brazil
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The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.
The report provides a comprehensive analysis of the tree nut market in Brazil, highlighting significant opportunities for U.S. exporters.
Brazil’s Southernmost state, Rio Grande do Sul (RGDS), has been impacted by record high rainfall levels, reaching up to 800 millimeters in some regions, leading to unprecedented floods. The death toll reached 145 as of May 12th and nearly 620,000 people have been displaced.
Exporters and importers continue to face much uncertainty due to the military regime’s foreign currency control policies and continuing conflict between the regime and ethnic armed forces. FAS Rangoon forecasts Burma’s MY 2024/25 rice exports to recover to 1.7 MMT amid high stocks and expected relaxation of export controls. MY 2024/25 corn exports and wheat imports will remain flat.