TNS -- Reports Newsletter for Thursday December 07, 2023 ( 1 items ) |
Inter-American Development Bank: Exports From Latin America, Caribbean Contract as Trade Opportunities Emerge
WASHINGTON, Dec. 6 (TNSrpt) -- The Inter-American Development Bank issued the following news release on Dec. 5, 2023:
The value of goods exports from Latin America and the Caribbean fell by 2.7% year-on-year in the first half of 2023 after expanding 17% in 2022, marking the end of the post-Covid recovery, according to a new report by the Inter-American Development Bank (IDB).
The decline is due to falling prices and lower growth in export volumes.
During the same period, world trade went fr
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