• Categories
  • Archives

Need for Fertilizer Boosts Brazil’s Chemical Imports by 200%

Brazilian Catel herbicide Imports of chemical products by Brazil from the countries in the League of Arab States have grown by 201% in the first four months of this year over the same period last year.

Figures by the Brazilian Chemical Industry Association (Abiquim) show that the Brazilian market purchased US$ 283.7 million in this kind of product from the Arab world between January and April. In the same months in 2007, purchases totaled US$ 91.4 million.

According to the Abiquim, Brazil imports from the Arab world mainly intermediary products for fertilizers.

The increase in exports from the Arab countries to Brazil was much greater than the growth in sector imports as a whole. The Brazilian market has expanded purchases of chemical products by 36.4% in the first four months of this year over the same period in 2007. Expenses totaled US$ 9 billion with imports of chemical products from January to April this year.

The chemicals most imported by the country were inputs for fertilizers, with US$ 1.6 billion, followed by medication for human use, with US$ 995.7 million and thermoplastic resin, with US$ 920.3 million. In the month of April alone, there was significant growth in imports – 43.6% – over the same month in 2007. They reached US$ 2.2 billion. As against March the growth was 17.6%.

The country also exported chemical sector products to the Arab nations, but sales dropped early this year. They fell from US$ 64.9 million in January to April 2007 to US$ 40.1 million in the same months of 2008. The reduction was 38%.

The products sold, also according to the Abiquim, were basically inorganic chemicals. General exports of chemicals from Brazil, however, grew 8.5% in the accumulated result for the year up to April. Exports totaled US$ 3.6 billion, against US$ 3.3 billion up to April 2007.

The chemical products that Brazil most exported in the four months were thermoplastic resins, with US$ 487.7 million, additives for industrial use, with US$ 303.7 million, and basic chemical products, with US$ 232.2 million.

The sector trade balance deficit between January and April reached US$ 5.4 billion, according to the Abiquim. The value is 64.5% greater than that generated in the same period in 2007. Chemical products answered to 18.7% of Brazilian imports in the first four months.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Green Protesters Might Be Right, But Brazil & Co Probably Won’t Listen to Them

Are urbanization and efforts toward environmental sustainability and land preservation compatible? Can we imagine ...

Brazil on Target to Produce Record 2.4 Million Vehicles This Year

Vehicle production in Brazil this year (January to September) has reached 1,834,861, a new ...

Brazil: "Respect Our Minors or Else!"

Attempting to shake off Rio’s and the Brazilian Northeast’s reputation as a paradise for ...

Brazil Might Enjoy European Living Standard If It Had Kept Growing as in the 60s and 70s

The biggest economic question facing Brazil, as for most developing countries, is when it ...

Agronomist Looks for Partners to Make Brazil a Producer of Dates

Dates, fruit typical of the Middle East, may help transform the reality of the ...

US Counts on Paraguay to Tame Brazil and Argentina

Two soccer teams played for a spot in the semifinal of the Copa Libertadores ...

Brazil’s Embraer Delivers 60 Jets and Gets 78 New Orders

Embraer, Brazilian aircraft manufacturer, announced the delivery of 60 aircrafts in the first half ...

Brazil Hoping the World Will Adopt UN Guidelines on Diet

The rapporteur for the Brazilian Platform of Human Economic, Social, and Cultural Rights (Dhesco ...

Banco do Brasil Adopts Experian’s Experience to Check Clients’ Credit

Experian-Scorex has announced that Banco do Brasil is going to implement its Probe SM ...