Brazilian construction firms are increasingly adopting the strategy to import civil construction products. This is primarily because importing is a cost-effective alternative to higher local prices.
The import requirements within the construction sector surpassed exports in 2008 due to the country’s construction industry expansion. The nation’s high taxation, less-than-ideal infrastructure and exchange rate appreciation have also contributed to this trend. These have increased construction material production price, thereby reducing their competitiveness.
Freight elevators, cranes, machines and racks for foundation construction are some of the most popular items being imported to Brazil. Product metals and fittings, ceramics are far expensive in Brazil.
Passing Brazil’s import rules with regard to construction materials is not difficult. Most rules being general – but some others are industry-, company-, or product-specific. This, as a result, encourages import practices.
For importing products into Brazil, a Siscomex registration is imperative. The system’s responsible for every export and import activity taking place in Brazil. Construction materials can be directly shipped to the place once a Siscomex registration is done. When the goods are on their way to Brazil, the transporting firm should intimate the BFRS or Brazilian Federal Revenue Service the goods’ arrival date.
