Latin America’s export sector optimistic, IDB survey shows

The "Survey of exporting firms in Latin America and the Caribbean. Seeking to understand a new exporting DNA" also found a recovery in the exporting trend.

RIO DE JANEIRO, BRAZIL - The export sector in Latin America and the Caribbean improved "considerably" its short and medium-term expectations after the covid-19 hit the economy, revealed on Thursday a survey by the Inter-American Development Bank (IDB).

A year and a half after the pandemic's start, which strongly affected global trade flows, 47% of the region's exporting companies considered that international demand would grow in the next three months, and 57% said they expect to increase their shipments in the coming year.

This represented a significant increase in optimism compared to 2020 when only 16 . . .

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