Merchandise trade sharply falls in Latin America and the Caribbean
Geneva, Nov 12 (Prensa Latina) The United Nations Conference on Trade and Development (UNCTAD) reported on Thursday that merchandise trade and port calls sharply fell in the first half of 2020 in Latin America and the Caribbean.
According to the 2020 Maritime Transport Report published on Thursday by that organization, during the second quarter of 2020 merchandise trade in the region collapsed by 21 percent in exports, and 33 percentage points in imports.
Meanwhile, ship calls suffered a severe contraction in the first half of the year, of 11.7 percent, in relation to the same previous period.
According to the statistics released, the container ships calls lowered 4.1 percent, those of Ro/Ro ships (transporting wheeled cargo, whether cars, trucks or industrial vehicles) in 16.6 percent, and those of passengers, 16.3 percent.
In addition, arrivals to ports of dry bulk carriers fell 26.6 percent, and those liquid bulk carriers, 10.8 percentage points.
The report highlights that despite the resilience demonstrated in liner shipping connectivity, the maritime supply chain in Latin America and the Caribbean faced challenges as in other parts of the world.
|By the minute||Most read|