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Brazil’s chemical industry has grown significantly over the past 15 years, but has met an increasing portion of that growth with imports. As Partner Rodrigo Mas explains in this short video, this widening gap between commodity production and high-value imports threatens Brazil’s chemical industry—and a similar trade imbalance poses problems in other markets, such as Mexico and India. Chemical producers around the world should watch closely to see how Brazil’s policymakers and producers resolve this issue.
Read the Bain Brief: Developing a national chemicals strategy for Brazil