According to a report released by the Brazilian Chemical Industry Association (Abiquim), Brazil imported US$ 3.7 billion in chemical products in September, an increase of 10.2% compared to August. The most imported chemical products are the fertilizers intermediaries, with foreign trades reaching US$ 716.7 million, an increase of 11.1% compared to the previous month. On the other hand, exports have slightly increased, up to 1.5%, US $871.4 million. Thermoplastic resins were the most imported items, with sales of US$ 103.5 million, a drop of 13.4% compared to August and a dramatic drop of 23.1% compared to September last year. For the president of Abiquim Ciro Marino, the recent recovery in economic activity has brought relief to the sector, but the situation is still delicate and requires solutions in critical agendas for the chemical sector.
Sources: Agrolink/ Global Fert
*Translated by Ia Niani