Brazil Lowers Export-Impact Threshold for Soberano Credit Program to 1%

Overview

• A joint ordinance from the finance and industry ministries cut the minimum export-revenue impact from 5% to 1%, a move published June 3 and set to take effect on Monday, June 8.
• The expansion covers two beneficiary groups: exporters and suppliers affected by U.S. tariff measures (group 1) and those with operations tied to Middle East markets (group 3).
• Companies must show exports made up at least 1% of gross revenue in a specified 12-month reference window, with group 1 using July 1, 2024–June 30, 2025 and group 3 using January 1–December 31, 2025.
• Firms in groups 1 and 3 can check eligibility on the Gov.br platform using a digital certificate, and BNDES says R$6.7 billion has been requested under the program with R$1.6 billion approved so far.
• The Plano Brasil Soberano funds working capital, export production, machinery purchases, capacity expansion and technology adaptation, and the ordinance keeps separate rules for strategic sectors such as pharmaceuticals and automotive.