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The Economic Impact of the Pandemic in Latin America

19/5/20 Kimberly Winters/3rd Trimester/9B

Ariel Villaverde Nieves

2

1

4

INDEX

Imports

Stock Market

2

3

Companies affected

Basket economy

APA

4

5

6

EXPORTS

1

EXPORTS

Manufacturing companies in Mexico have breached 31.4% of their production delivery contracts as a consequence of the coronavirus pandemic, being affected by cuts to supply chains worldwide. Annually, more than two million tons of avocados are produced and around one million 196 thousand tons are exported; and the State of Michoacán is the one that contributes with 82% of this production. Avocados are among those foods which have seen a sudden price surge in the past couple of weeks. When lockdown steps went into effect, farmers in Mexico, the world's best manufacturer, began slowing crop actions, expecting a need drop-off.Nonetheless, it ends up avocado toast, and guacamole is proving to be favorites that are impolite. Demand has been considerably higher than the farmers were anticipating, and that is sent costs surging. That is up about 60 percent from 300 in early March.

WHAT IMPORTS HAVE HAD AN EFFECT ON THE ECONOMY?This data shows a trade deficit of more than 5 billion dollars. In the food sector, agricultural products and some cereals and legumes were the ones that presented the most pronounced price increases. Lemon, serrano pepper, avocado, potato, egg, and chicken led the price increases.WHAT PRODUCTS ARE NOT BEING BROUGHT INTO THE COUNTRY?In the food sector, agricultural products and some cereals and legumes were the ones that presented the most pronounced price increases. Lemon, serrano pepper, avocado, potato, egg, and chicken led the price increases.The INPC is made up of eight items that evaluate the behavior of prices in the country according to the object of expenditure: food, beverages and tobacco,clothing, footwear and accessories,living place,household furniture,, appliances and accessories,health and personal care,transport,education and recreationother services

IMPORTS

STOCK MARKET

WHY DID THE GASOLINE PRICES GET LOWER?Since March 9, international oil prices have fallen, causing the cost of gasoline in Mexico to devalue. ... the objective was to decrease oil production and thereby face a lower demand for hydrocarbons due to the effects of COVID-19.

COMAPANIES THAT HAD STOCK MARKET LOST.

Peso and Euro during Covid 19

PRICE OF BASKET ECONOMY

COMPANIES MOST AFFECTED BY COVID19

Kumar, N., & Haydon, D. (2020, April 7). Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective - March 2020 Update. Retrieved from https://www.spglobal.com/marketintelligence/en/news-insights/blog/industries-most-and-least-impacted-by-covid-19-from-a-probability-of-default-perspective-march-2020-update

APA

Food Prices in Mexico. (n.d.). Retrieved from https://www.numbeo.com/food-prices/country_result.jsp?country=MexicoStock Market Data. (n.d.). Retrieved from https://money.cnn.com/data/markets/

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The Economic Impact of the Pandemic in Latin America by a001724 on Genially

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The Economic Impact of the Pandemic in Latin America 19/5/20 Kimberly Winters/3rd Trimester/9B Ariel Villaverde Nieves 2 1 4 INDEX Imports Stock Market 2 3 Companies affected Basket economy APA 4 5 6 EXPORTS 1 EXPORTS Manufacturing companies in Mexico have breached 31.4% of their production delivery contracts as a consequence of the coronavirus pandemic, being affected by cuts to supply chains worldwide.