IHS Chemical Week

Regions :: South America :: Brazil

Brazil's chemical trade deficit decreases more than 3%

11:00 AM MDT | August 18, 2014 | Francinia Protti-Alvarez

Brazil's chemical trade deficit amounted to $17.2 billion in the first seven months of the year, down of 3.4% year-on-year (YOY), according to the latest figures published by Abiquim (São Paulo), the country’s chemical industry association. The volume of imports during the seven-month period was 21.9 million m.t., up 7.8% YOY. However, in terms of value, the cost of these imports fell by 2.2% YOY and totaled $25.5 billion, the association says. The value of imports during the month of July alone amounted to $4.4 billion, up 7.6% YOY and 18.4%...

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