Survey considers dollar purchases value; Government’s objective was to control the price of food
The president (PT) determined the tax exemption for 10 foods in search of trying to control group prices. Despite the incentive, the importation of 6 of the zero products fell in the annual comparison.
The survey was conducted with data from (Ministry of Development, Industry, Commerce and Services). The dollar value of imports in March (month of the exemption start) to June 2024 and 2025 is compared.
Of the 6 foods that diminished imports, stands out extra virgin olive oil. It went from $ 263 million to $ 161 million – 39% in 1 year.
Import of boneless beef fell 22%. Another highlight is the food masses, with a reduction of 11%.
Despite having dropped, items such as retaining sardines and sugarcane sugars have a very low imported value compared to the global amount.
Each has close or less than $ 1 million in purchases by Brazilians. In this case, a minimum change in the amount already represents a significant variation.
The fact that imports of the product are low already shows the marginal effect of Lula’s measure as an attempt to cheaper food.
Of the 4 foods with increased imports, the biggest highlight is corn. It went from US $ 42.4 million to US $ 72.1 million and was up 70.3%.
The grain was seen by government members as the most promising exemption to relieve the price of food. The product is used to produce animal feed. If it was cheaper, agribusiness would spend less to keep the animals before slaughter. The fall would be felt by the consumer.
The non -roasted coffee in grain had the most expressive leap. Importing this item was close to Zero from March to June 2024. He fired to $ 26.7 million.
It turns out that coffee is already a product widely produced by Brazil. Despite the increase, the item entry into the country, the portion is minimal compared to the domestic market.
Import in kg
In considering the mass (weight), imports retreated to half of the foods zeroed by Lula.
Corn is again a highlight. It was 243 million kg from March to June 2024. It went to 387 million kg in the same period of this year.
Quarter
The 10 foods reset by Lula represent less than 1% of the total imported from Brazil from March to June 2025. There are only 0.4% of the total in dollar. In kg, they are 0.8%.
How is the inflation of food
The IPCA (National Consumer Price Index) fell 0.18% in June for home feed items. The indicator is broadly measuring how much the cost of the products ranged in 1 month.
The retraction in June was the first observed for food since August 2024. Lula pledged to reduce the cost of food. It is an important index for the president’s popularity.
Read below how the group’s IPCA () was behaved:
