Current Event

The gross value of Latin American countries exports are expected to expand 27% this year, said today by the Economic Commission for Latin America and the Caribbean (ECLAC). The number is similar to the last twelve months thanks to diversification of export (26, 7% increase last year), reported today by the Commission. The outlook for 2012, however, is not as bright as this year’s: some impact from the world’s recession is to be felt by 2012.(CEPAL) also estimates that imports are to rise 23%, a number 6, 5% inferior to the number in the same period last year. The dynamism of the exportation is to be reflected in an 80 billion dollars surplus for the region.