September 22, 2026 · 11 min read
Mexico vs Brazil: Importing a Chinese EV into Latin America's Two Tariff Walls
Mexico's 50% duty plus 16% IVA against Brazil's 35% II plus a cascading ICMS stack: a BYD Seal lands at $50,011 in Mexico and $45,568 in Brazil. The gap is exact — 16.05% of the China base plus $480 on every model — and only one of the two numbers is the whole bill.
Mexico Brazil Latam