Chemical imports total US$ 20,4 billion

Imports of chemicals in Brazil totaled US $ 20.4 billion in the first half of 2019, according to information collected and released by the Brazilian Chemical Industry Association (Abiquim). In this scenario, the Association states that the deficit this year may be a record. 

Thus, just as Brazilian imports of chemicals in the first half of the year totaled US $ 20.4 billion, it can be said that there was a 6.1% increase over the same period of 2018. In a monthly assessment, The imported value is over US $ 3 billion every month since March 2018, Abiquim said. 

“In volume, foreign purchases had an even more intense behavior, an increase of 14.8%, with a movement of 20.5 million tons, being the second largest in imported quantities for the whole Abiquim historical verification series, with increases in practically all product groups (lower than the total recorded in the first half of 2017 of 20.8 million tons), ”he adds. 

For Abiquim Chief Executive Fernando Figueiredo, the recent conclusion of the agreement between Mercosur and the European Union is in line with the stance of the Brazilian chemical sector in favor of a responsible commercial insertion. 

“We are sure that the conclusion of the largest trade agreement of all time, Mercosur and the European Union, is a sign to the world of a strong trade policy for a new Brazil and we believe it is essential to implement a consistent competitiveness agenda, based on the national structural reforms, especially Social Security and Taxation, and overcoming the limitations related to logistics, energy, bureaucracy, among others, for the full use of the trade and especially investment potentials of this agreement and also for the viability of new trade agreements. mature, secure and that allow the progressive development of trade integration policy and sustainable economic development ”, highlights Figueiredo. 

Post: Marina Carvejani 
Author: Leonardo Gottems 
Source: Agrolink