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Brazil's chemical trade deficit reached a record $32 billion in 2013

7:19 AM MST | January 21, 2014 | Francinia Protti-Alvarez

Brazil incurred a trade deficit for chemcial products of about $32 billion during 2013, according to figures released by Abiquim (São Paulo), the country's chemical industry association. This trade deficit is the largest the sector has ever reported, Abiquim adds. The deficit is 13.6% higher than in 2012, when it totaled $28.1 billion. Brazil's chemical imports were worth about $46.1 billion for the whole of last year, an increase of 7.3% over 2012, the association says. The country imported more than $8.2 billion worth of fertilizer...

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