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    Home > Chemicals Industry > International Chemical > Brazil's chemical trade deficit grows by nearly 50%

    Brazil's chemical trade deficit grows by nearly 50%

    • Last Update: 2022-04-26
    • Source: Internet
    • Author: User
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    Recently, statistics released by the Brazilian Chemical Industry Association show that in the first two months of 2022, Brazil's trade deficit in chemical products will reach 8.
    1 billion US dollars, a year-on-year increase of 49.
    5%, an increase from the trade deficit of 5.
    4 billion US dollars in the same period last year.
    $2.
    7 billion
    .

    In the first two months of this year, Brazil's total imports of chemical products were US$10.
    6 billion, a year-on-year increase of 47.
    8%; the total export value was US$2.
    5 billion, a year-on-year increase of 43.
    0%
    .


    Although in the first two months, Brazil's total imports and exports of chemical products both increased year-on-year, the growth of its total exports was significantly lower than that of imports, which led to the expansion of the trade deficit


    According to the Brazilian Chemical Industry Association, only in February, Brazil's total imports of chemical products were US$5.
    6 billion, a year-on-year increase of 52.
    3% and a month-on-month increase of 10.
    5%
    .


    On the other hand, the total export value of chemical products in the month was 1.




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