Organic agriculture is a rapidly expanding market that can provide countries in Latin America and the Caribbean (LAC) with opportunities to differentiate their products and diversify their foreign sales away from commodities. To understand this potential, we examine the effects of organic certification on firms’ foreign sales. In so doing, we focus on two Latin American … [Read more...] about Why Agricultural Exporters Should Consider Organic Certifications
Can online platforms encourage women-owned firms in international trade? In the case of ConnectAmericas, yes
Can online platforms expand female-owned firms’ trade opportunities? Based on research using data from a business site in Latin America and the Caribbean, the answer is yes. This finding is important for the promotion of gender equality, one of the 17 Sustainable Development Goals (SDGs), and for the policymakers, practitioners, and researchers who are increasingly interested … [Read more...] about Can online platforms encourage women-owned firms in international trade? In the case of ConnectAmericas, yes
A Year and a Half into the Pandemic: How Did Cross-Border E-Commerce Evolve?
Cross-border e-commerce initially contracted in Uruguay because of the pandemic but started to show a pronounced recovery in mid-2020. Data on all credit and debit card purchases made abroad in the framework of the country’s franchise regime revealed that it decreased significantly between January and May 2020.[1] The aggregate annualized value of these purchases from Uruguay … [Read more...] about A Year and a Half into the Pandemic: How Did Cross-Border E-Commerce Evolve?
Why Are Shipping Costs Increasing? What US Import Data Tell Us
The cost of shipping goods has risen rapidly during the past 18 months. The average freight rate of US imports, based on cargo value, has gained a full percentage point relative to pre-pandemic levels (see Figure 1).[1] The average freight cost of a global 40-foot container has increased more than five times since the pandemic started, with routes such as Shanghai-to-Los … [Read more...] about Why Are Shipping Costs Increasing? What US Import Data Tell Us
The Role of Small and Medium-Size Firms in Countries’ Export Growth
Small and Medium Enterprises (SMEs) can substantially contribute to a country’s long-term export growth and diversification. And trade promotion organizations can play an important role in the process. We have found this after analyzing the export performance of developing countries by using transaction-level data of all Peruvian exports between … [Read more...] about The Role of Small and Medium-Size Firms in Countries’ Export Growth