The 2016 edition of Latin America and the Caribbean in the World Economy reviews international and regional developments from a trade perspective, describing the principal global economic trends and structural changes in international trade, the main areas of trade growth and the changes these drive in the region. The report highlights the importance of a proactive response by the region to the tensions associated with globalization and to growing uncertainty in the global economic scenario. In this report, for the first time ECLAC presents projections for regional foreign trade in the 2017-2020 period, which point to a modest recovery: their value will grow at an average annual rate of around 3% both for exports (2.9%) and imports (3.1%).