Blog IICA

Evidences

154 results

Exports to the Middle East

01/04/2026 Go to Evidence

0.6% of Brazil's GDP corresponds to exports to Middle Eastern countries impacted by the conflict (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Trade dependence of the Middle East

01/04/2026 Go to Evidence

15% of Brazil's fertilizer imports come from the war-affected region (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Potential phosphate deficiency

01/04/2026 Go to Evidence

Brazil could face a phosphate deficit of between 1 and 3 million tons if supply restrictions persist (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Dependence on imported phosphates

01/04/2026 Go to Evidence

78% of phosphate consumption in Brazil depends on imports, which exposes the country to external restrictions (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Reference interest rate

01/04/2026 Go to Evidence

The rate reached 14.75% after a 25 basis point cut in response to inflationary pressures in Brazil (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Imports from the region

01/04/2026 Go to Evidence

Brazilian imports from the Middle East represent 0.3% of GDP (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Brazilian Corn Exhibition

25% of Brazil's corn exports are destined for the Middle East, increasing sectoral vulnerability (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Increase in the price of urea

01/04/2026 Go to Evidence

Urea prices in Brazil increased by 35% during the first weeks of March due to the conflict (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Increased fertilizer prices

30/03/2026 Go to Evidence

Fertilizer prices have increased by up to 30% in some markets due to the global crisis (Mundoagro, 2026).

Mundoagro. (2026). El impacto por región y los riesgos de la crisis global de fertilizantes para la fruticultura. https://mundoagro.io/cl/el-impacto-por-region-y-los-riesgos-de-la-crisis-global-de-fertilizantes-para-la-fruticultura/

Mundoagro. (2026)