Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Brazil's chemical producers have struggled to compete with imports from countries with lower production costs and access to cheaper feedstock, Brazil's trade deficit in chemicals widened by 13.6% in 2013 to a record $32bn, according to chemical industry association Abiquim.
Abiquim added that imports increased by 7.3% to US$46.1bn. Fertilizer imports, the single most imported chemical product in Brazil, edged up 0.4% to US$8.2bn.
Exports fell by 4.6% to US$14.1bn. There was a particularly sharp drop in exports of thermoplastic resins, which fell by 7.5%, while elastomer exports dropped 32.2%.
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