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Latin America's 2013/15 exports, worst performance in eight decades says ECLAC

Thursday, October 22nd 2015 - 07:42 UTC
Full article 20 comments

The value of Latin America’s exports will continue to decline through 2015 by 14%, with Argentina faring slightly worse with a reduction of 17%, says the UN Economic Commission for Latin America and the Caribbean (ECLAC) report, which also indicated that the value of imports to Argentina are set to fall by a smaller 10%. Read full article

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  • Skåre Anti-K.

    But according to (can't) THINK (for himself) everything is normal and rosy: dwindling exports, rampant inflation, a flat-lining economy, fleeing international investors, a Mickey Mouse currency which trades on the black market at almost half the official rate and wage growth (financed by theft, extortion and unsustinable borrowing) which outstrips GDP growth by 50-to-1 are all positive economic indicators and the result of brilliant management of the economy chuckle chuckle chuckle

    Oct 22nd, 2015 - 09:36 am - Link - Report abuse 0
  • Brasileiro

    However for Brazil is the best surplus of the last four years.

    WOW

    Oct 22nd, 2015 - 02:11 pm - Link - Report abuse 0
  • Skåre Anti-K.

    @ 2 Brasileiro

    That being the only good news for Brazil, with unemployment at a five-year peak. consumer spending in the dumps, a moribund economy and a grinding political crisis that's has rendered Dilma the Marxist terrorist totally impotent.

    WOW

    Oct 22nd, 2015 - 05:19 pm - Link - Report abuse 0
  • Enrique Massot

    Absolutely. Latin America has to cease depending on export of commodities that only perpetuates dependency. Argentina has shown the way by taking strides towards national industry growth while reinforcing domestic markets' capacity.
    Of course, this cannot be done without tossing away the local accomplices of dependency disguised as friends of the pro-market and pro-trade.

    Oct 22nd, 2015 - 05:34 pm - Link - Report abuse 0
  • ElaineB

    Trade = wealth for a country. Why do you think trade is bad? Argentina is incapable of manufacturing everything it needs. It has to trade but lacks the intelligence of long-term planning. The downfall of Argentina over the decades has been 'putting all its eggs in one basket'. It needs to diversify and has the resources to do so. Maybe if Argentineans could develop thought beyond the next week, they could be a successful nation again. Imagine that? No more starving children.

    Oct 22nd, 2015 - 06:46 pm - Link - Report abuse 0
  • Captain Poppy

    You bearded muskrat. You can't have major industries when you asslip leader clamps out imports of needed raw materials. Again Quequi, Puerta Madero

    Christ, even Indec reports manufacturing is down. Life is now as cozy as up in the foothills of the Rockies in Alberta around Cochrane Lakea. I bet you THINK of Patagonia, i.e. Bariloche only a better life under the gracious generosity of the Canadians. You even were kicked out of real newspapers and had to blog to call yourself el periodista. I think your beard should go first.

    The only ones saying industrial production is rising is the Kirchnerite's. Brazils imports from Argentina is continually dropping, China's imports from Argentina is significantly down. I can't imagine that the EXPORT TAX has anything to do with a drop in exports also, that ALL candidates want to eliminate. And you Quequi, never met a tax you did not like.

    http://www.countynewsonline.ca/about/

    Argentina change in 30 years, you should see the decay. But you can hardly care about the working people who have to live there....fuck em, as long as you don't have to.

    Oct 22nd, 2015 - 06:51 pm - Link - Report abuse 0
  • Jack Bauer

    @2 brasshole
    Best foreign trade surplus in 4 years ?? but you know the reason, don't you ? I'm pretty sure you do, but you omit the truth as it's not so nice ... :
    Since Dilma's first term, the foreign trade balance has been getting worse, year by year. Both exports and imports have dropped drastically, to the extent that the surplus has only occurred because imports dropped more than exports. Not because exports have increased.....Sorry to pop your bubble you dimwit.

    But one thing intrigues me .....you have always stated that you are against everything foreign, so that obviously covers exports to countries in the ”west', and as well as imports from the same countries, and from China....so why are you rejoicing at a tiny surplus ??

    @3 Skare Anti-K
    Following the brasshole's flawed logic, he believes that the situation in Brazil is sooooo good, that only about 23 million people are considered to be unemployed (according to Government stats just released, covering up to and including September 2015); If added to the 14 million families who live on the Bolsa Família (totalling 47 million people, of which 28 million, at least, are of working age), we get just over 50 million people, or about 25% of the population, who don't work, but would like to be, or should be..

    @4 Reekie
    “Latin America has to cease depending on export of commodities that only perpetuates dependency”.....
    Pearls of wisdom.....but what can LatAm do do stop being dependent of the export of commodities ? Obviously, as you state, develop the national industry while reinforcing domestic market capacity.....AND, export the surplus, which would enable local jobs and additional revenue from exports.
    But, and a BIG BUT, why hasn't this happened ? is it maybe because the socialist LatAm governments are only interested in their own personal projects, stealing from the people and allowing their economies to go down the drain ?

    Oct 22nd, 2015 - 07:08 pm - Link - Report abuse 0
  • Captain Poppy

    Perhaps Quequi like Tobi a la Brasole is seeking an autarky ......lol

    Oct 22nd, 2015 - 07:25 pm - Link - Report abuse 0
  • Briton

    Latin America’s exports will continue to decline
    oh dear,
    listening to south Americans, one would think their exports were doing wonders,

    exporting all that intelligence , education , ideas , advice,
    so it all mouth and nothing else then..

    Oct 22nd, 2015 - 07:48 pm - Link - Report abuse 0
  • ChrisR

    It is an obvious fact, given that this woman has talked up the Southern Cone for at least two years, that she does not know WTF she is on about.

    Is any westerner on here at all surprised by this “news”. No, I didn't think so.

    Oct 22nd, 2015 - 08:27 pm - Link - Report abuse 0
  • Chicureo

    #4 writes: “Latin America has to cease depending on export of commodities that only perpetuates dependency”

    The statement is a superb example of just how exceptionally IGNORANT Señor Massot is and why I personally believe that sometimes mass executions by firing squads are productive in ridding undesirable Marxist-Socialists from society.

    Imagine the impact solely upon the poor field workers and miners if Latin America were to purposely reduce its exports of agricultural goods, minerals and petroleum. Other countries would easily pick up the market share for items like coffee, soy, wheat, corn, fresh fruit, wine, rum, Pisco, frozen orange juice, vegetables, seed oils, copper, gold, tin, lithium, rare earths, precious gems, fish, natural gas, petroleum, beef, pork, poultry and so on... It truly boggles the mind.

    Oct 22nd, 2015 - 08:55 pm - Link - Report abuse 0
  • Enrique Massot

    #6 Cptn Poppy
    If you disagree with my points, you--as anybody else does--are welcome to respond.
    However, resorting to baseless accusations--which I refute in their entirety--of crimes such as pedophilia: “He must have been out molesting the neighborhood boys” shows more about your personality than it does about me.
    http://en.mercopress.com/2015/10/21/batakis-the-greek-and-york-graduate-argentina-s-next-economy-minister-if-scioli-wins
    Now you have resorted to track my online presence--as any seven-year-old can do--in an infantile effort to make me go away.
    Let me tell you something, petty schoolyard bully. I ain't going anywhere and I will be here Monday plastering the victory of the Victory Front in Argentina in your face--and there is nothing you can do about it.

    #11 Chicureo
    “I personally believe that sometimes mass executions by firing squads are productive in ridding undesirable Marxist-Socialists from society.”
    Not surprising you keep preaching Pinochet's credo--let's eliminate those who do not think like us and everything will be fine. Both belong to the garbage can of history.
    And, funny thing, the person nicknamed Chicureo profess to be concerned about the “poor field workers and miners,” pitilessly crushed by his hero, Pinochet.
    That's the best I have heard in a long time.

    Oct 23rd, 2015 - 01:05 am - Link - Report abuse 0
  • Chicureo

    #12 EM

    Certainly your words posted show your blind belief in oppressive thugs like Chavez, Maduro, Dilma, Lula, Fernandez and the Castro brothers who preach social equality, but in the end steal their followers future chances for a better life.

    I vividly remember in 1973 waiting in an endless line of desperate countrymen with our family ration booklets anxiously hoping to buy a half kilo of rice, 200 grams of sugar and a half liter of cooking oil. How my father routinely smuggled back from Argentina toilet paper. My uncle keep us supplied with black market pork and and smuggled auto parts for our aged broken down family Citroen. There was only despair in our Marxist-Socialist paradise...

    The junta with Pinochet as our leader saved our country for a tragic calamity, similar to what our Venezuelan brothers are now experiencing.

    So yes, in certain cases, sometimes mass executions by firing squads are productive in ridding undesirable Marxist-Socialists like yourself from society. Sort of like rabid dogs in the street.

    Oct 23rd, 2015 - 02:54 am - Link - Report abuse 0
  • Captain Poppy

    Wow quequi........being called a seven old and a school bully hurts me and makes me wanna cry......not. Actually Quequi, I would say I was more a military bully than a school yard bully. And.....I am not trying to make you go away, I, and maybe we want to see you to return to Argentina, land of pedophiles.....like Maxi. It's legal now quequi......you can return. You know what.....I see the impact of kirchner....
    YOU DO NOT......YOU READ THE PROPAGANDA and choose to believe rather than see for yourself. What a nothing journalist you are. You blog and call yourself a reporter.

    HYPOCRITE!!!!!!!!!!!

    The pedophile 30 years on the run......perhaps hit time to let the Country News readers know......right Think, oops, I mean Quequi.

    Oct 23rd, 2015 - 10:39 am - Link - Report abuse 0
  • Chicureo

    Sunday's election results will probably be depressing.

    Argentina needs a violent government overthrow with Peronists lined up in the streets and summarily executed by firing squads. (I'm not asking for a large massacre, just a few thousand or so...)

    “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” Thomas Jefferson

    Oct 23rd, 2015 - 01:41 pm - Link - Report abuse 0
  • Captain Poppy

    Argeed but from the people up and not the government down.

    Oct 23rd, 2015 - 02:19 pm - Link - Report abuse 0
  • Stevie

    This is healthy.
    Just look at where constant growth has done with Europe and USA. Not to talk about the environment.

    Latin America needs to look north and avoid doing the same mistakes.

    If the dog barks, it's because we are doing something good...

    Oct 25th, 2015 - 08:09 am - Link - Report abuse 0
  • Clyde15

    #17
    Constant growth has given their citizens a higher standard of living than Argentina.

    “Not to talk about the environment.”

    I presume that you think that the environment in South America is pristine ?? ...Get real !!

    Oct 25th, 2015 - 01:18 pm - Link - Report abuse 0
  • Stevie

    With nowhere near the same amount of heavy industry all we need to do is to kick your contaminating lot out and we'll be rocking with nature...

    Oct 25th, 2015 - 11:12 pm - Link - Report abuse 0
  • Clyde15

    #19
    Possibly correct if you like eating grass !

    Oct 26th, 2015 - 09:30 am - Link - Report abuse 0

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