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International Trade Outlook for Latin America and the Caribbean: Recovery in an uncertain context

This first edition of International Trade Outlook for Latin America and the Caribbean, which is the continuation of Latin America and the Caribbean in the World Economy with a new title, covers 2017 and contains three chapters. The first chapter describes the current international context and the recovery of trade in the region. Chapter II reviews the region’s performance in global trade in services in general and in modern services in particular, since 2005. Chapter III provides an overview of Latin America and the Caribbean’s share of the world agricultural trade since 2000 and offers some policy recommendations for increasing the sector’s contribution to regional development.

This first edition of International Trade Outlook for Latin America and the Caribbean, which is the continuation of Latin America and the Caribbean in the World Economy with a new title, covers 2017 and contains three chapters. The first chapter describes the current international context and the recovery of trade in the region. Chapter II reviews the region’s performance in global trade in services in general and in modern services in particular, since 2005. Chapter III provides an overview of Latin America and the Caribbean’s share of the world agricultural trade since 2000 and offers some policy recommendations for increasing the sector’s contribution to regional development.

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<strong>International</strong> <strong>Trade</strong> <strong>Outlook</strong> <strong>for</strong> <strong>Lat<strong>in</strong></strong> <strong>America</strong> <strong><strong>an</strong>d</strong> <strong>the</strong> <strong>Caribbe<strong>an</strong></strong> • 2017<br />

Chapter III<br />

153<br />

Table III.A1.2<br />

<strong>Lat<strong>in</strong></strong> <strong>America</strong> <strong><strong>an</strong>d</strong> <strong>the</strong> <strong>Caribbe<strong>an</strong></strong> (30 countries): value of agricultural imports, 2007-2016<br />

(Millions of dollars)<br />

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016<br />

Antigua <strong><strong>an</strong>d</strong> Barbuda 147 ... 148 125 128 144 139 143 147 134<br />

Argent<strong>in</strong>a 2 943 4 098 2 581 2 977 3 554 3 304 3 289 3 046 3 099 3 360<br />

Bahamas 654 667 624 630 664 724 675 774 761 ...<br />

Barbados 356 424 354 373 403 404 417 412 414 410<br />

Belize 107 131 123 145 133 142 152 252 242 233<br />

Bolivia (Plur<strong>in</strong>ational<br />

State of)<br />

495 639 539 614 855 872 957 1 089 969 ...<br />

Brazil 7 493 10 064 8 668 11 060 14 457 13 897 14 609 14 256 11 204 12 389<br />

Chile 4 174 5 325 4 039 5 348 6 690 7 147 7 325 7 292 6 800 6 725<br />

Colombia 4 011 5 106 4 208 5 068 6 322 7 094 7 081 7 235 6 667 6 883<br />

Costa Rica 1 631 1 967 1 226 1 890 2 411 2 505 2 568 2 636 2 580 2 813<br />

Dom<strong>in</strong>ica 53 64 60 62 ... 65 ... ... ... ...<br />

Dom<strong>in</strong>ic<strong>an</strong> Republic 2 061 2 538 2 201 2 649 3 257 3 005 3 069 3 223 3 373 3 398<br />

Ecuador 1 523 2 214 1 886 2 285 2 739 2 599 2 671 2 808 2 436 2 188<br />

El Salvador 1 758 2 118 1 654 1 722 2 078 2 236 2 189 2 206 2 293 2 288<br />

Guatemala 2 158 2 509 2 162 2 521 2 989 3 060 3 153 3 335 3 392 ...<br />

Guy<strong>an</strong>a 172 225 194 251 280 313 312 309 292 307<br />

Honduras 1 251 ... 1 400 1 478 1 772 1 799 ... 1 788 ... ...<br />

Jamaica 1 103 1 392 1 232 1 275 1 582 1 634 1 477 1 221 1 144 1 082<br />

Mexico 26 908 31 093 24 663 28 559 34 352 32 502 34 992 36 107 33 724 33 487<br />

Nicaragua 675 764 722 805 1 007 1 070 1 108 1 131 1 182 ...<br />

P<strong>an</strong>ama 1162 1 515 1 355 1 630 1 976 485 575 554 497 511<br />

Paraguay 552 786 749 983 1 212 1 202 1 260 1 318 1 226 1 202<br />

Peru 2 831 3 994 3 218 4 161 5 141 5 575 5 609 5 814 5 583 5 456<br />

Sa<strong>in</strong>t Kitts <strong><strong>an</strong>d</strong> Nevis 65 74 79 68 72 ... ... ... ... ...<br />

Sa<strong>in</strong>t Lucia 153 169 185 187 195 186 189 184 ... ...<br />

Sa<strong>in</strong>t V<strong>in</strong>cent <strong><strong>an</strong>d</strong><br />

<strong>the</strong> Grenad<strong>in</strong>es<br />

92 110 100 104 109 116 ... ... 110 ...<br />

Sur<strong>in</strong>ame ... ... 228 243 271 304 302 287 ... 222<br />

Tr<strong>in</strong>idad <strong><strong>an</strong>d</strong> Tobago 879 1 163 917 897 1 102 1 228 1 233 1 332 1 294 ...<br />

Uruguay 724 996 956 1 137 1 550 1 442 1 686 1 511 1 542 1 371<br />

Venezuela (Bolivari<strong>an</strong><br />

Republic of)<br />

3 725 8 989 7 288 5 848 8 934 10 604 9 135 ... ... ...<br />

Source: Economic Commission <strong>for</strong> <strong>Lat<strong>in</strong></strong> <strong>America</strong> <strong><strong>an</strong>d</strong> <strong>the</strong> <strong>Caribbe<strong>an</strong></strong> (ECLAC), on <strong>the</strong> basis of <strong>the</strong> United Nations <strong>International</strong> <strong>Trade</strong> Statistics Database (UN Comtrade).

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