With an economy still gripped by strict lockdown measures, Chinese exports contracted in October for the first time since the early stages of the Covid-19 pandemic. Exports in dollar terms fell 0.3 percent year on year last month, official data showed, compared with an economists’ forecast of 4.5% growth and a 5.7% gain in September. The figure last fell in May 2020.
Uruguayan exports in the month of October 2022 totaled US$ 842 million, which represented a 6% year-on-year drop, it was reported Tuesday in Montevideo.
Uruguayan overall exports have fallen in September of 2022 for the first time in almost two years. The country still shows an increase of 33.2% so far this year, according to the Union of Exporters of Uruguay's monthly report.
In the first seven months of this year, Paraguayan exports totaled US$ 5,8 billion and involved 136 countries. Data from the country’s Ministry of Finance show Brazil (36%) and Argentina (24.9%) as the main buyers, which added to Uruguay, Mercosur represents 63.1% of foreign sales.
Russia almost doubled the value of its exports to Brazil in the first half of this year and has climbed to fifth supplier of Latin America's largest economy. This despite the trade, financial and diplomatic sanctions imposed on Russia by the United States, the European Union and the United Kingdom following its invasion of Ukraine.
Argentine Micro, Small and Medium-sized Enterprises (MSMEs) have reached peak export figures during the first semester of 2022.
Argentina has recorded a sharp increase in intra-Mercosur exports, with trade reaching its highest figures in 7 years, it was reported in Buenos Aires. Intra-Mercosur trade during 2021 reached US$ 41 billion and achieved the highest value since 2014, while Argentine exports to the bloc exceeded US$ 14 billion, according to the CXXIII Meeting of the Common Market Group (GMC) in Asunción.
Uruguay's exports rose 28% in March of 2022 when compared to the same month last year, according to the Uruguay XXI report released Friday in Montevideo, which took into account figures from duty-free trade zones. Beef was once again the star product.
The United Nations Conference on Trade and Development UNCTAD has published the Global Trade Update report, which shows that in 2021, world trade in goods remained strong and trade in services finally returned to its pre-COVID-19 levels.
Exports of Peruvian manufacturers during the year 2021 have surpassed pre COVID-19 pandemic levels, it was reported Wednesday by the Institute of Economic and Social Studies (IEES) of the National Society of Industries (SNI).