Economic slowdowns in the United States and Mexico result in lower U.S.-Latin American trade.

Posted on: August 21st, 2007
Filed Under: [ Business ] [ Hispanic News ] [ Blogante Business ]
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“Thanks to declined imports from Latin America, overall U.S. trade with the region is slowing down, according to data for the first half of the year. The U.S. trade deficit with Latin America is also declining.

U.S. trade with Latin America reached $266.5 billion in the first six months of 2007, an increase of 2.7 percent compared with the same period last year. While U.S. exports grew by 4.6 percent to $110.2 billion, imports from Latin America fell by 0.5 percent to $156.3 billion, according to the U.S. Census Bureau. The U.S. trade deficit with Latin America fell by 15.6 percent to $46.1 billion.”

Read more: http://www.latinbusinesschronicle.com
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