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Topic(s): South-South trade

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Exports Between MERCOSUR Countries Showed Resilience Amid a Fall in the Rest of the Bloc’s Sales Abroad

5 July 2024 | News

Exports of goods from the Southern Common Market (MERCOSUR) fell by 4.1% in 2023, driven by a 7.2% drop in international prices for the exported goods, the Economic Commission for Latin America and the Caribbean (ECLAC) indicates in a new document. This occurred in the context of normalization of the international supply of goods after the COVID-19 pandemic and the start of the conflict between the Russian Federation and Ukraine, and it was offset by a 3.2% rise in volume attributable to improved agricultural harvests in Brazil and Paraguay. A new edition of the Foreign Trade Bulletin of MERCO…

ECLAC Presents Annual Report on Latin America and the Caribbean’s Foreign Trade in 2023

27 October 2023 | Announcement

The Economic Commission for Latin America and the Caribbean (ECLAC) will release on Thursday, November 2 its flagship annual report International Trade Outlook for Latin America and the Caribbean 2023. Structural change and trends in global and regional trade: challenges and opportunities, which examines the behavior of foreign trade in the region’s economies in the current year, with the most recent figures available on the performance of countries’ exports and imports. This edition of the document consists of three chapters: the first addresses the global context and regional trade; the seco…

MERCOSUR’s Exports Recover from the Pandemic’s Effects, Rising 18.2% in 2022

23 August 2023 | News

Exports of goods from the Southern Common Market (MERCOSUR) increased by 18.2% in 2022 and surpassed their 2019 level by 43.9%, driven by the notable rise in commodity prices due to the war in Ukraine, coupled with a 3.2% increase in volume, the Economic Commission for Latin America and the Caribbean (ECLAC) indicates in a new document released today. In a new edition of the Foreign Trade Bulletin of MERCOSUR (No. 6): “New channels for integration in the post-pandemic era”, ECLAC reports that MERCOSUR experienced 1.3% growth in economic activity (2.0% upon including Venezuela) in 2022, which w…

MERCOSUR’s Exports Grew in 2021, but Volume Remained Weak and Diversification was Limited

24 June 2022 | News

The increase in international commodity prices played a crucial role in the recovery of exports from the Southern Common Market (MERCOSUR) in 2021, which surpassed 2019 levels. However, even with historically elevated prices in the context of the war in Ukraine, the weak performance of the volumes exported by the bloc and their increasingly limited diversification must not be overlooked, the Economic Commission for Latin America and the Caribbean (ECLAC) indicates in a new document released today. In a new edition of the Foreign Trade Bulletin of MERCOSUR: “Overcoming the coronavirus disease (…

ECLAC: There is Great Room for Deepening Ties between India and Latin America and the Caribbean

1 October 2018 | News

“There is great room for deepening the ties between India and Latin America and the Caribbean. In economic terms, we can make progress through long-term and new generation trade, technological and productive agreements,” said Mario Cimoli, Deputy Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), who participated on behalf of Executive Secretary Alicia Bárcena in the inauguration of the eighth India-Latin America and Caribbean Conclave, which is taking place in Santiago, Chile. There is ample room for growth in trade, foreign direct investment and South…

Deepening Regional Integration is an Imperative for Facing International Turbulence

25 June 2018 | News

In a context as turbulent as the current one, where there is increased questioning of globalization and heightened migratory and trade tensions, deepening regional integration is not an option but rather an imperative. Thus, the convergence between the Pacific Alliance and the Southern Common Market (MERCOSUR) is both necessary and urgent, the Economic Commission for Latin America and the Caribbean (ECLAC) emphasizes in the document The Convergence between the Pacific Alliance and MERCOSUR: Facing Together a Challenging Global Scenario (available only in Spanish and Portuguese). Acc…

Fair Trade, an Ally for Fulfilling the 2030 Agenda

12 December 2017 | News

The main goal of the fair trade movement is to guarantee that small-scale farmers and artisanal producers have more direct access to the market for their products, in more just and equitable conditions. It seeks to foster responsible consumption through more sustainable commercialization channels that are based on solidarity, recognizing the work of producers and their organizations. In this way, fair trade aims to reduce inequalities through greater equity and equilibrium in trade relations within countries as well among countries in the global north and south. This movement, which fosters so…

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