Import of chemicals grows 8.2 percent in the year to October to $ $30.9 bi

São Paulo, 28-imports of chemical products totaled $ $30.9 billion from January to October 2017, an increase of 8.2% compared to the same period last year. Exports, for your time, grew 13.3 percent on the same basis of comparison to $ $11.3 billion. As a result, the trade deficit of chemical products in the first ten months of the year totaled $ $19.6 billion, representing an increase of 5.5% over the same period last year, reported the Brazilian chemical industry Association (Abiquim).
The projection of the entity is that by the end of the year should be registered a trade deficit of $ chemicals $23.2 billion, reversing the series the past three years in which reductions were verified that bookmark (in 2014, $ $31.2 billion; in 2015 , $ $25.4 billion; and in 2016, $ $22.0 billion).
The forecast is up to December imports are expected to total $ $36.8 billion, while foreign sales should reach $ $13.6 billion, increases respectively of 7.6% and 11.7% compared to the year 2016. In terms of volumes, for your time, should be recorded movements of 43.2 million tonnes imported and exported 16.5 million tonnes, increases of 15.2% and 0.8%, on the same comparison.
According to the Abiquim, intermediaries for fertilizers remained, until October, as the main agenda item of chemical imports, accounting for 16.9% of total imports in value and by 60.2% of the quantities imported. From January to October, the purchases of these products totaled $ $5.2 billion, registering growth of 23.9% compared to the amount imported in the same period to 2016.
In a statement, the Director of Foreign Trade Affairs, Abiquim Denise Naranjo, explains that the trade balance results portray the shy country economic recovery.