Blog IICA

Evidences

94 results

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

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

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

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

Urea market size

30/03/2026 Go to Evidence

The approximate volume of the urea market in Argentina is 2,200,000 tons, with a significant part dependent on imports (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación

Short-term available stock

30/03/2026 Go to Evidence

Argentina currently has 30–60 days of fertilizer coverage, allowing the wheat campaign to begin without immediate problems (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación

Local production coverage

30/03/2026 Go to Evidence

60% of the urea used in Argentina is supplied by domestic production (Profertil), partially reducing external dependence (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación

International price increase

30/03/2026 Go to Evidence

Urea prices have risen by up to 50% internationally due to the conflict in the Middle East (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación

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)