BUSINESS INFORMATION - Latin America's export value fell 30.9 percent in the first quarter of 2009, the lowest for the region since the 1930s, according to a UN-backed study, published on Tuesday.
Exports will fall another 25 percent in value in 2009, and down 11 percent in volume compared with the previous year, according to a study by the prediction Economic Commission for Latin America and the Caribbean (ECLAC).
A 29 percent decline in prices of international raw materials, and a general decline in external demand from most countries, apart from China, contributing to the decline, the study said.
Mining, oil and goods sector regional manufacturing worst hit, while agricultural products less affected, the study said.
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