Last month, Brazil exported $ 29.955 billion and imported $ 24.511 billion dollars. Both imports and exports hit a record in July, in the time series started in 1989.
Brazil consumes eight percent of the world’s fertilizer output—estimated at 55 million tons—but imports 85 percent of supplies used by agribusiness, chiefly from Russia.
According to the Brazilian ministry, Jordan is the world's seventh-largest potassium producer, and APC is the world's eighth-largest producer in volume.
Despite the economic embargoes suffered by Russia, one of the main suppliers of inputs, due to the war with Ukraine, Brazil is managing to import fertilizers.
The Ministries of Agriculture and Infrastructure are working together in order to avoid having a fertilizer ship standing in line,” Minister Tarcísio de Freitas said.
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