ECLAC: exports of Latin America will decline by 23% this year

Santiago, August 6, the United Nations Economic Commission for Latin America and the Caribbean released its latest research report on August 6. It is estimated that the total export volume of this year will decline by 23% due to the impact of the new epidemic. At an online news conference on June 6, the executive secretary of ECLAC, Barcelona, said that the epidemic is expected to cause a 25% drop in regional imports this year. The report points out that Latin America and the Caribbean is a developing region seriously affected by the epidemic situation in the world, with manufacturing, mining and fuel exports all affected, and the decline in tourism has affected regional national service exports.