{"id":266220,"date":"2024-06-06T15:21:50","date_gmt":"2024-06-06T07:21:50","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=266220"},"modified":"2024-06-06T15:21:50","modified_gmt":"2024-06-06T07:21:50","slug":"idb-report-latin-americas-exports-grow-in-first-quarter-of-2024","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=266220","title":{"rendered":"IDB report: Latin America\u2019s exports grow in first quarter of 2024"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www.plenglish.com\/wp-content\/uploads\/2024\/06\/Exportaciones-de-America-Latina-avanzan-1.jpg\" alt=\"Exportaciones-de-America-Latina-avanzan-1\" class=\"wp-image-234700\"\/><\/figure>\n\n\n\n<p>WASHINGTON, June 6 (NNN-PRENSA LATINA) &#8212; The value of Latin America&#8217;s goods exports grew 1.3 percent year-on-year during the first quarter of 2024, according to a report from the Inter-American Development Bank (IDB).<\/p>\n\n\n\n<p>According to estimates on trade trends in Latin America and the Caribbean, the boost in regional shipments responded mainly to growth in volumes exported by South America with a 1.9 percent increase.<\/p>\n\n\n\n<p>The outlook improved notably, the text assured, and forecast that the balance of risks for trade performance in Latin America appears neutral, although with a moderate growth and high uncertainty.<\/p>\n\n\n\n<p>The increase in Latin America\u2019s exports in the first quarter comes after a contraction of 1.3 percent in 2023, as a consequence of the sharp drop in external sales in South America, which recorded a 4.5 percent decline, it explained.<\/p>\n\n\n\n<p>Much of the responsibility for this decline in 2023 lies with Argentina, according to the IDB, whose exports fell 24.5 percent in 2023, although they recovered to 9 percent in the first quarter of the year.<\/p>\n\n\n\n<p>In the case of Mexico, shipments dropped from 2.6 percent in 2023 to 1.7 percent in the first quarter of 2024, a decrease driven by prices.<\/p>\n\n\n\n<p>Exports from Central America contracted 7.1 percent and thus deepened the decline that began the previous year, with a drop of 0.8 percent.<\/p>\n\n\n\n<p>The IDB noted that although export prices are at historically high values, they are on a downward trend. &#8212; NNN-PRENSA LATINA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, June 6 (NNN-PRENSA LATINA) &#8212; The value of Latin America&#8217;s goods exports grew 1.3 percent year-on-year during the first quarter of 2024, according to a report from the Inter-American Development Bank (IDB). According to estimates on trade trends in Latin America and the Caribbean, the boost in regional shipments responded mainly to growth in [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":266222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[208],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/266220"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=266220"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/266220\/revisions"}],"predecessor-version":[{"id":266223,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/266220\/revisions\/266223"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/266222"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=266220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=266220"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=266220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}