Commodity-heavy EM issuers face declining prices in 2022
![Steelworks and reddish dust of iron ore covering the landscape at Saldanha Western Cape South Africa. Image shot 02/2015. Exact date unknown.](https://assets.euromoneydigital.com/dims4/default/c697cb9/2147483647/strip/true/crop/5999x3786+0+0/resize/840x530!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fb2%2Faf%2Fef0021ff4d898d5a295a2a6fdd79%2Fironore-alamy-23dec21.jpg)
Commodity exporting emerging markets will face a drop in export revenue next year, but prices will be far above pre-Covid levels
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