Brazil’s chemical imports rise 46.6% year on year in August

13 September 2011 22:36  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil's chemical imports rose to $4.4bn (€3.3bn) in August, a 46.6% year-on-year increase, Brazilian chemical trade group Abiquim said on Tuesday.

Year to date, imports totalled $27.2bn, 29.5% higher over the same period in 2010. Imports in August were 18.9% higher compared with July, Abiquim added.

Exports totalled $1.5bn in August, up 33.1% year on year and 5.3% down from July, the association said.

Year-to-date exports were up 24.6% year on year at $10.5bn, Abiquim said.

Brazil’s chemical trade deficit reached $16.8bn year to date, a 32.8% increase over the same period last year.

($1 = €0.74)

By: Hellen Berger
+1 713 525 2653

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