Latin America and the Caribbean is heavily reliant on imported medical products, with less than 4% sourced within the region. Over 70 countries, including major suppliers like the United States, have imposed export restrictions due to COVID-19, hindering the region's ability to combat the pandemic effectively.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | |
| Time horizon: | 2020 |
| Geographic focus: | Latin America And The Caribbean |
| Page count: | 9 páginas. |
The research method involved analyzing trade data from 2018 to understand the region's import and export patterns of medical products essential for combating COVID-19. The report also examined the impact of export restrictions imposed by various countries on the region's ability to access necessary supplies.
(Generated with the help of GPT-4)
The report highlights the challenges faced by Latin America and the Caribbean in accessing essential medical products during the COVID-19 pandemic due to heavy dependence on imports and widespread export restrictions. It emphasizes the need for the region to strengthen its pharmaceutical and medical supplies industries to become more self-sufficient in the future.
(Generated with the help of GPT-4)
Categories: 2020 time horizon | 2020s time horizon | English publication language | Latin America And The Caribbean geographic scope | export restrictions | global trade | health crisis response | import dependency | industrial policy | medical supplies | regional cooperation | self-sufficiency | supply chain disruption