The source assumes the following GDP growth rates for 2020: -2.0% (world), -3.8% (United States), -4.2% (Japan), -5.7% (European Union, 27 countries), 1.8%
(China) and -5.3% (Latin America and the Caribbean); plus an average reduction of 18% in the region’s commodity export basket.
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Latin America: goods exports growth rate 2020, by sub-region
The total value of exports of goods from Latin America and the Caribbean were forecasted to decrease by nearly ** percent in 2020, as the coronavirus pandemic impacts the global economy. Although in terms of volume, the South American sub-region matches the regional average, in terms of value, it is forecasted to be the most hit, with a decrease of nearly ** percent when compared to the previous year.
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Economic Commission for Latin America and the Caribbean. (April 21, 2020). Growth rate of goods exports from Latin America and the Caribbean in 2020, by sub-region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1115421/latin-america-exports-growth-rate-sub-regions/
Economic Commission for Latin America and the Caribbean. "Growth rate of goods exports from Latin America and the Caribbean in 2020, by sub-region." Chart. April 21, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1115421/latin-america-exports-growth-rate-sub-regions/
Economic Commission for Latin America and the Caribbean. (2020). Growth rate of goods exports from Latin America and the Caribbean in 2020, by sub-region. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1115421/latin-america-exports-growth-rate-sub-regions/
Economic Commission for Latin America and the Caribbean. "Growth Rate of Goods Exports from Latin America and The Caribbean in 2020, by Sub-region." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Apr 2020, /statistics/1115421/latin-america-exports-growth-rate-sub-regions/
Economic Commission for Latin America and the Caribbean, Growth rate of goods exports from Latin America and the Caribbean in 2020, by sub-region ÌÇÐÄÆƽâ°æ, /statistics/1115421/latin-america-exports-growth-rate-sub-regions/ (last visited July 31, 2026)
Growth rate of goods exports from Latin America and the Caribbean in 2020, by sub-region [Graph], Economic Commission for Latin America and the Caribbean, April 21, 2020. [Online]. Available: /statistics/1115421/latin-america-exports-growth-rate-sub-regions/
