News News

The challenges of maritime import in Brazil

Posted on 10/18/2017

Logistics performs a key role in the brazilian economy, given that it is responsible for the displacement of the most varied services and is very important in foreign trade activities.

Working in this area, without doubt, opens great opportunities for companies wishing to improve its economic performance, but regardless of whether they act with importation or exportation, it is very common to appear challenges that usually cause problems in everyday life.

Companies are betting on imports in order to meet the huge demand of goods and services in the domestic market that do not exist here or are not produced in sufficient quantity.

One of the biggest benefits of import is that it contributes to the increase competitiveness among industries and even help in technological development. In addition, it brings other advantages like low aggregation of labor, favorable exchange rate variations and also the low cost of acquisition of currency in relation to the purchasing country.

 What are the challenges in importation?

There are several challenges encountered by companies at the time of performing its imports. Check out below some of them:

  • Inefficient and inadequate infrastructure of Brazilian ports: in addition to the constant congestion in ports, other difficulties can be found such as delays in the release of goods that generate very high costs for both importers, as for the exporters. Therefore, the improvement in the infrastructure of the ports is a key point in increasing the competitiveness of companies.
  • Complexity of customs legislation: customs legislation is extremely complicated and makes the import procedures, both as regarding taxation as well as regarding the requirements and processes imposed by the Brazilian Government.
  • Difficulty managing the acquisition costs due to the constant fluctuation of the exchange rate: the exchange rate constant oscillation affects the planning and pricing of imported goods or services that depend on other countries. For this reason, organizations need to practice higher values to decrease the damage proved by the Exchange variation, thus reducing the competitiveness in relation to domestic competition.
  • High taxes on imported products: the fixed rate is 60% of import value of the product, plus the cost of shipping and insurance, if these values are not included in the value of the goods. Over the limit of R $500, the procedure becomes even more complex.

How is maritime import performed?

When import is performed, the deliveries are made by using a nautical ship freighter that is authorised to establish this transition.

The goods transported by sea import need to be 100% compliance in all organs involved in surveillance, both in relation to the product as in relation to the transition. In addition, this is a safest way with cost reduction and greater period of time, if compared with the import by air, for example.

The load control module from aqueuous infrastructure services integrated foreign trade System (Siscomex), called Siscomex load acts on the control of entry and exit of vessels, handling cargo in ports units, as well as the delivery of cargoes by the depositary.

Interest in the subject? We can take care of your cargo from any place to any destination, securely, optimizing its operations and reducing costs. Contact us and learn more about how Asia Shipping can facilitate the import of your maritime business company.

Check out the published news in http://bit.ly/2x4RgOo