Sinochem Newswire recently said that Brazilian chemical imports in 2023 will be worth $61.2 billion, the second highest figure in nearly 35 years, bringing the chemical industry's

s trade deficit to $46.6 billion.

In 2023, Brazil's plasticizers will see the highest increase in imports at 55.4%, followed by thermoplastic resins and their intermediates, basic petrochemicals, chemical intermediates for detergents, and a variety of other industrial chemical products.

various other industrial chemical products. Asia remains the main supplier of chemicals to Brazil, accounting for 29% of the total, or $17.7 billion.

In 2022, Brazil will have a trade deficit of $63 billion in chemicals. The Brazilian Chemical Industry Association (ABACC) said, "Compared to 2022, Brazil's physical imports of chemicals in 2023 increased by

2.3%, totaling 58.6 million tons. The decline in Brazil's chemical deficit is not due to a decrease in the volume of imports, but rather to a decrease in the price of imports."

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