Exports of goods from Latin America and the Caribbean were forecasted to decrease by an average of nearly 15 percent in value in 2020, as a result of the crisis spawned by the coronavirus pandemic. This region's exports to China are expected to suffer the largest drop, amounting to over 24 percent.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination
The source assumes the following GDP growth rates for 2020: -2.0% (world), -3.8% (United States), -4.2% (Japan), -5.7% (European Union, 27 countries), 1.8%
(China) and -5.3% (Latin America and the Caribbean); plus an average reduction of 18% in the region’s commodity export basket.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Economic Commission for Latin America and the Caribbean. (April 21, 2020). Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. "Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination." Chart. April 21, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. (2020). Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. "Growth Rate of Goods Exports from Latin America and The Caribbean in 2020, by Destination." Statista, Statista Inc., 21 Apr 2020, https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean, Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination Statista, https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/ (last visited November 21, 2024)
Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination [Graph], Economic Commission for Latin America and the Caribbean, April 21, 2020. [Online]. Available: https://www.statista.com/statistics/1115440/latin-america-exports-growth-rate-destination/
