International trade outlook for Latin America and the Caribbean 2021: pursuing a resilient and sustainable recovery

The COVID-19 pandemic has significantly impacted Latin America and the Caribbean's export capacity, particularly affecting micro, small, and medium-sized enterprises. The pandemic has highlighted the strategic importance of the industry due to its direct link to public health and technological externalities.

Format: Paperback / softback
Length: 203 pages
Publication date: 30 June 2022
Publisher: United Nations

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The 2021 edition of International Trade Outlook for Latin America and the Caribbean provides a comprehensive review of the recent performance of global and regional trade in the aftermath of the unprecedented crisis caused by the Coronavirus disease (COVID-19) pandemic. The pandemic has had a profound impact on the region's export capacity, particularly affecting micro, small, and medium-sized enterprises (MSMEs).

This crisis has underscored the strategic importance of the industry, not only due to its direct connection to public health but also because it is a highly innovative sector with significant technological externalities. The pandemic has accelerated the adoption of digital technologies, automation, and supply chain resilience in the region, as businesses strive to adapt to the new realities of global trade.

In this edition, the report examines the impact of COVID-19 on trade in Latin America and the Caribbean, including the changes in demand patterns, supply chain disruptions, and government policies aimed at mitigating the economic and social consequences of the pandemic. It also highlights the opportunities and challenges that the region faces in the post-pandemic era, including the potential for increased trade integration, the need for digitalization and innovation, and the challenges of climate change and environmental sustainability.

The report concludes by emphasizing the importance of collaboration and cooperation among countries in the region to address the challenges posed by COVID-19 and to promote sustainable and inclusive growth in the post-pandemic period. It calls for increased investment in infrastructure, education, and research and development to support the region's economic recovery and to promote sustainable development.

The 2021 edition of International Trade Outlook for Latin America and the Caribbean offers a comprehensive analysis of the recent trade performance in the aftermath of the unprecedented crisis brought forth by the Coronavirus disease (COVID-19) pandemic. This pandemic has had a profound impact on the region's export capacity, particularly affecting micro, small, and medium-sized enterprises (MSMEs).

The crisis has underscored the strategic importance of the industry, not only due to its direct connection to public health but also because it is a highly innovative sector with significant technological externalities. The pandemic has accelerated the adoption of digital technologies, automation, and supply chain resilience in the region, as businesses strive to adapt to the new realities of global trade.

In this edition, the report delves into the impact of COVID-19 on trade in Latin America and the Caribbean, encompassing changes in demand patterns, supply chain disruptions, and government policies implemented to mitigate the economic and social consequences of the pandemic. It also highlights the opportunities and challenges that the region faces in the post-pandemic era, including the potential for increased trade integration, the imperative of digitalization and innovation, and the formidable challenges posed by climate change and environmental sustainability.

The report concludes by emphasizing the significance of collaboration and cooperation among countries in the region to address the challenges posed by COVID-19 and to foster sustainable and inclusive growth in the post-pandemic period. It calls for increased investment in infrastructure, education, and research and development to support the region's economic recovery and to promote sustainable development.

Dimension: 270 (mm)
ISBN-13: 9789211220773