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