Latin American agricultural exports expand 8.5% while total external sales fall 29.9%
Published Jul 14, 2020
Tridge summary
The data refers to April and May in preliminary form, and confirm that agriculture will be one of the engines of the post-pandemic economic recovery.
Original content
(Agraria.pe) Agricultural exports from 14 countries in Latin America and the Caribbean (LAC) increased in value 8.5% year-on-year in April, against a background of a sharp drop of 29.9% in total external sales, while preliminary data from May ratify this trend, indicating that the production and trade of agricultural goods will be one of the engines of economic recovery in the region. The data was analyzed by the specialist from the Center for Strategic Analysis for Agriculture (Caespa) of the Inter-American Institute for Cooperation on Agriculture (IICA), Joaquín Arias, and is based on the indicators of the Trade Data Monitor (www.tradedatamonitor.com ). The countries considered were Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Paraguay, Peru and Uruguay. In May, according to available preliminaries from seven countries, the trend compared to the previous month continued: agricultural exports increased by 11.1%, while ...
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