The Brazilian Chemical Industry Association reported the sector could obtain the amount by 2024. Brazil’s industry is the sixth-largest in the segment in the world.
Browsing: abiquim
Fertilizers and inputs were the most imported chemicals to Brazil in October, at 21% of total imports.
Brazil purchased 47.6 million tonnes, up 5.4% from a year before. Fertilizers were the main item imported.
Brazil’s imports from abroad grossed USD 37.6 billion year-to-date through October.
Purchases of chemical products from other countries came out to USD 20.4 billion in the first half of the year, up 6% year-on-year.
Foreign purchases reached USD 3.6 billion in January, a growth driven by more purchases of fertilizers feedstock.
Purchases of chemical products reached USD 15.6 billion from January through May in Brazil. The trade deficit is causing concern in the local industry.
Purchases declined by 10.1% in the four months through April, industry association Abiquim said. Imports also slid.
