Used as an intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and fungicides due to its halogen and nitro functional groups that enhance biological activity. Its structure allows for further substitution reactions, making it valuable in creating more complex organic molecules. Also employed in research for developing dyes and fluorescent probes, where the bromo and chloro groups serve as sites for cross-coupling reactions like Suzuki or Ullmann reactions.