With new channels of clients in Brazil for import of refined products, Ichor increased it's shipments into Brazil. Imports in Brazil are expected to be 18,000.00 USD Million by the end of this quarter according to Trading Economics, global macro models and analysts expectations.
Looking forward, we estimate imports in Brazil to stand at 19,000.00 in 12 months time. In the long-term, the Brazil imports is projected to trend around 22,000.00 USD Million in 2021 according to our econometric models.