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Originally Published on UNTAD The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report. UNCTAD defines a country as dependent on commodities when these account for more than 60% of its total merchandise exports in value terms. The State of Commodity Dependence Report 2019 published today shows commodity-dependent countries increased from 92 between 1998 and 2002 to 102 between 2013 and 2017. More than half of…