IDB urges region to step up trade as exports decline

December 14, 2015

Exports from Latin America and the Caribbean will drop about 14 per cent in 2015 due to a steep decline in prices and weak demand for the region’s main exports from key trading partners, according to a new report from the Inter-American Development Bank (IDB). The IDB’s “Latin American and Caribbean Trade Trend Estimates 2016” annual report notes that exports dropped for the third year in a row, with the decline intensifying and spreading to virtually all nations in the region.

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Topics: ECONOMIC GROWTH INTER-AMERICAN DEVELOPMENT BANK (IDB)

Regions: LATIN AMERICA AND THE CARIBBEAN (LAC)

Authors: CARIBBEAN360

RTA

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