After collapsing in 2020, registering a decline of 10%, exports from Latin America and the Caribbean would increase by 22% in 2021, ECLAC projected. This dynamism would be driven by a 16% rise in prices and a 6% expansion in volume. On the other hand, imports, which in
The Chinese government reported that it expects positive results from its “macro control” of pork prices in the second half of 2021. On June 28, the Chinese Ministry of Commerce and other departments declared that the central and local governments would begin the work of purchasing and storing
China and the European Union are advancing in the approval process of an investment agreement, the Comprehensive Investment Agreement (CAI), Gao Feng, a spokesman for the Chinese Ministry of Commerce, said on Thursday. “The China-EU Investment Agreement serves the common interests of China and the EU and is
The sale of electric vehicles (EV) decreased 15% quarter-on-quarter in the March 2021 quarter, but increased 126% year-on-year, according to an Australian government report. However, sales in the United States increased 14% quarter-on-quarter. Worldwide EV sales exceeded 3 million units in 2020, and growth is unlikely to slow
A total of 103 countries (member states, correctly) depend on commodities, according to the United Nations Conference on Trade and Development (UNCTAD). A country is commodity dependent when it derives at least 60% of its merchandise export earnings from the commodity sector. Trade data shows that approximately 53%
The demand for cobalt, lithium or copper will grow 1,000% by 2050, the United Nations Conference on Trade and Development (UNCTAD) projected. These three minerals are found in large quantities in commodity-dependent developing countries. «Demand for some of these commodities could increase by 1,000% by 2050,» UNCTAD estimated