Brazil imported 9.76 million tons of fertilizers from China.

In the same period of the previous year, the Chinese participation was 18%, with 6.6 million tons among the 36.7 million imported. Russia, which traditionally led the supply to Brazil, was surpassed in absolute volume, marking a strategic shift in the global flow of the input. According to Argus data, this new scenario represents a turning point: "Brazilian dependence on China imposes additional risks, mainly related to the Chinese export policy, which tends to be volatile due to internal variables, such as domestic consumption and energy issues," says the consultancy. In addition to regulatory uncertainties, logistics costs are also a concern. Trade routes between Brazil and China are longer than those from Eastern Europe, which increases freight costs and puts pressure on prices in the domestic market. It is estimated that the cost per ton has increased by up to 15% in certain agricultural regions ...