LatAm Exports Seen Growing 29%

LatAm Exports Seen Growing 29%

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The IDB forecasts that LatAm's exports will have increased by 29.0% in 2010 to around $853.0bn. A year earlier they had dropped 23.0%. Intra-regional exports grew 27.0%, while extra-regional flows expanded nearly 30.0%. Intra-regional trade as a share of LatAm's total trade with the world stands at an estimated 17.5%, slightly lower than last year’s 17.8%. Paraguay led the Mercosur regional grouping with 39.7% growth in exports, while Brazil, Uruguay, and Argentina saw their exports grow by 29.7

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