Imports of chemical products increased by 10.2% in September
Oct, 20, 2020 Posted by Ruth HollardWeek 202044
According to a foreign trade report by ABIQUIM (the Brazilian chemical industry association), imports of chemical products increased by 10.2% in September, reaching US$ 3.7 billion, a considerable increase compared to August. At the same time, exports increased slightly, from 1.5% on the same comparative basis, to US$ 871.4 million.
The most imported chemical products continue to be fertilizer intermediaries, totaling US$ 716.7 million, an increase of 11.1% compared to August. Thermoplastic resins were the most exported items, totaling US$ 103.5 million, down 13.4% compared to August.
From January to September, chemical imports totaled US$ 30.3 billion, with a 9% decrease. Exports, on the other hand, fell 14.8%, to US$ 8.3 billion. In volume, however, imports until September reached record levels of more than 37 million tons. This is equivalent to an increase of 6.9% compared to the same period last year – the 34.6 million tons of that period was also a record amount.
According to ABIQUIM, the average price of imports fell by 14.9%, while in exports the drop was 19.7%, as reflected in the industry’s trade deficit.
For the last months, the negative balance was US$ 22 billion, down 6.7%. For the 12-month period through September, however, the deficit reached US$ 30 billion.
-
Ports and Terminals
Jun, 09, 2023
0
Itajaí and Brazil gov’t set to sign new 25-Year agreement for port operations
-
Ports and Terminals
Dec, 15, 2021
0
CODESA’s YTD cargo handling up 18.23%
-
Blog News (ENG)
Nov, 21, 2022
0
Citrus: Brazil ups juice shipments to US by 60% at the 22/23 season onset
-
Ports and Terminals
Mar, 01, 2024
0
Friend or foe: is Santos infamous ‘bomb ship’ a threat?