Statistical Bulletin Latin America - Asia Pacific Number 7 (First half 2015)

Abstract

In the first semester of 2015, the value of exports of goods from Latin America and the Caribbean to Asia-Pacific decreased by 22% as compared to the same period in 2014. There was an abrupt de-acceleration in the growth rate as compared to the rate recorded in the first semester of 2014 (2.3%). Also in the first semester of 2015, the value of regional imports of goods from Asia-Pacific showed an increase of 4.1%, a figure higher than the percentage recorded for the similar period in 2014. This resulted in almost the duplication of the region’s trade deficit with Asia-Pacific in relation to the first semester of 2014, as it rose from just over 37 billion dollars to approximately 66 billion dollars.