Amsam research shows that Brazil’s imports reached US$25 billion in the first semester.
Brazil’s imports from the US in the first half of 2022 reached US$25 billion. Compared to the same period in 2021, the growth was 52.4%, leading to a record in bilateral trade.
With USD 578.8 million, or 5.3% of Brazilian imports, Paraná is the fifth largest importer, following São Paulo, Rio de Janeiro, Bahia and Maranhão. The state stands out in the import of fuel oil and petroleum.
Data from the Brazil-US Trade Monitor produced by AMCHAM (American Chamber of Commerce).
The performance of imports was strongly determined by increased purchases of inputs from the non-renewable energy sector. Petroleum fuels, mainly consisting of diesel and naphtha for petrochemicals, have confirmed their position as the main imported commodity. Purchases of natural gas, crude oil and coal have increased significantly.
Next, imports of non-electric motors and machinery, fertilizers, pesticides and fungicides stand out. The increase in the value of imports of energy products and fertilizers is directly related to the international upheaval caused by the conflict in Ukraine.
Amcham predicts that bilateral trade in 2022 will see a significant growth in imports and, to a lesser extent, a record value in exports in the context of rising international prices and bilateral results already recorded in the 1st semester.
Photo: Claudio Neves/Portos do Parana
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