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.
Citation formats
Latin America: goods exports growth rate 2020, by destination
Exports of goods from Latin America and the Caribbean were forecast to decrease by an average of nearly ** percent in value in 2020, as a result of the crisis spawned by the coronavirus pandemic. This region's exports to China are expected to suffer the largest drop, amounting to over ** percent.
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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 destination [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. "Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination." Chart. April 21, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. (2020). Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean. "Growth Rate of Goods Exports from Latin America and The Caribbean in 2020, by Destination." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Apr 2020, /statistics/1115440/latin-america-exports-growth-rate-destination/
Economic Commission for Latin America and the Caribbean, Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination ÌÇÐÄÆƽâ°æ, /statistics/1115440/latin-america-exports-growth-rate-destination/ (last visited July 30, 2026)
Growth rate of goods exports from Latin America and the Caribbean in 2020, by destination [Graph], Economic Commission for Latin America and the Caribbean, April 21, 2020. [Online]. Available: /statistics/1115440/latin-america-exports-growth-rate-destination/
