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Brazil's chemical trade deficit reaches $14.9 billion in first half of 2013, hits new high in 12 months to June

9:20 AM MDT | July 12, 2013 | Francinia Protti-Alvarez

Brazil's chemical trade deficit reached $14.9 billion during the first half of 2013, according to Abiquim (São Paulo), the country's chemical industry association. Chemical imports during the first half reached $22 billion, 13.4% higher than in the first half of last year. At $7 billion, Brazilian exports of chemical products during the same period were 5.1% lower than in the first six months of 2012. During the first half of 2013, Brazil imported about 9.8 million m.t. of fertilizer intermediates—worth $4 billion, about 27.9% higher than in the...

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