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The country's exports, about half of which are farm products, have been hurt both by a strong dollar and by weak prices for agricultural commodities.
Demand for imports, together with weak prices for Australia's commodity exports, has also contributed to one of the economy's black spots: its current-account deficit, running at 5.5% of GDP.
Weak prices for semiconductors and other electronic products, South Korea's largest exports, left the country about 5percentt short of its goal of a $10 billion trade surplus for 2001, the commerce ministry announced on Tuesday.
Income from crops is expected to fall 12.3%, mainly because of weak prices for corn and soyabeans.Many farmers, however, will compensate by raising more livestock, for which 2014 was a bumper year.
These include weak prices for its agricultural commodities (as well as rich-world trade barriers against them), Brazil's devaluation and, above all, the drying up of capital flows to emerging markets since 1998.The fourth factor is mismanagement by Mr de la Rua's government.
Last year revenue fell 3% due to weak prices for copper and brass products, and pricing is still weak for these materials.
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UBS lowered its earnings estimates on shares of Monsanto through next year as the firm sees weak pricing for its new products.
Reid discredits the idea that weak pricing for memory chips will force chip makers to invest in more advanced and efficient manufacturing technology that can cram more memory bits on each chip.
It had been struggling to contain inflation until weaker prices for its imports, most notably oil, provided a boost.
The UK is a net oil importer, so weaker prices for the black gold should improve the UK's trade balance".
Big global miners have all been battered by weaker prices for iron ore, copper, coal, nickel and aluminum as economic growth in China, one of the world's largest consumers of those resources, slows to its weakest pace in more than a decade.
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