There is a strong consensus that cross-border e-commerce has been growing at a fast pace. Available data suggests that the pandemic could have even accelerated this trend. For instance, according to its most recent financial report, Amazon’s international net sales increased by 28.3% between the first semester of 2020 and the same period of 2019. However, this evidence is, … [Read more...] about What Happened to Cross-Border E-Commerce Under the Pandemic?
The pandemic is predicted to have a significant negative impact on international trade. According to WTO projections, Latin America and the Caribbean’s exports and imports are expected to experience a pronounced decrease this year, reaching at least 13% and 22% respectively --in line with the estimates for the world. Available aggregate data confirm that the region’s trade … [Read more...] about Trade in the Time of Pandemic: How COVID-19 has impacted firms in 6 Latin American countries
To learn more about this issue, see chapter 6 of Out Of the Border Labyrinth, a report published by the IDB’s Integration and Trade Sector, and IDB Working Paper series no. IDB-WP-704, “Transit Trade.” International transit systems International trade between neighboring countries is dominated by overland transportation, whereby goods are frequently shipped through … [Read more...] about Why Orderly Relations with Neighboring Countries Are Important for Trade
To learn more about this issue, see chapter 1 of Out Of the Border Labyrinth, a report published by the IDB’s Integration and Trade Sector, and IDB Working Paper series no. IDB-WP-782, Endogenous Border Times. In recent years, various indicators have been developed to measure time at the border. In general, these measures are based on surveys of international freight … [Read more...] about How long does it take to cross borders? From surveys and one-dimensional measures to big data