The agreement signed by Brazilian President Michel Temer and Chile’s Sebastian Piñera on November 21 will expand the export and import of cargo through the Port of Paranaguá. Currently, Chile accounts for 3.28% of imports and 0.01% of exports in the port of Paraná.

The objective of the new agreement is to reduce bureaucratic trade between Brazilian and Chilean companies, with the withdrawal of 17 non-tariff issues such as excessive bureaucracy and different regulations that delay the customs process.

In 2017, the entry of Chilean products represented US $ 167.73 million in movement via Paranaguá. In 2018, from January to September, they were US $ 139.57 million. The most imported goods this year were organic chemicals (284 thousand tons), fertilizers (74.3 thousand) and salt (37.3 thousand).

INCREASE – In exports, the values ​​traded in the first nine months of 2018 grew 729%. US $ 13,111 million in transactions and more than 1.5 million tons of products exited from Paranaguá to the Chilean market. Highlight for vehicles (1,571 units), machinery and equipment (63 thousand tons) and wood (101 thousand tons).

“Our perspective is that the new treaty will improve the customs process, reduce delays and bureaucracy. Who wins is the businessmen and the productive sector, both countries, “said the director of Ports Administration of Paranaguá and Antonina, Lourenço Fregonese.

With the free trade agreement with Chile, Brazil is progressing in integration with other countries, with the Andean partner as access to markets that are part of the Transpacific Partnership (TPP), which involves Chile, Mexico, Peru, Canada and Japan. The country also participates in the Pacific Alliance, along with Peru, Colombia and Mexico, which is considered an important trade bridge between Latin America and Asian markets.

Source: APPA – Administração dos Portos de Paranaguá e Antonina