Policies to springboard the competitiveness of Latin America’s economies were a core topic during talks at the World Economic Forum for Latin America, which recently came to a close in Brazil. At the meeting, political and business leaders agreed that the recent shift in the global trade cycle, which has begun to expand again after years of contraction and stagnation, … [Read more...] about How Competitive Are Latin American Exports?
As is described in detail in Trade Trend Estimates: Latin America and the Caribbean (2018), Latin American exports grew by around 13% in 2017, a sharp acceleration in comparison with the 3.3% drop of the previous year. This rate of growth outstripped that of global exports and marks the end of a period of almost four consecutive years of contraction. Total LAC exports in 2017 … [Read more...] about How Sustainable is the Latin American Trade Recovery?
Following 25 months of uninterrupted contraction, exports of goods from Latin American and the Caribbean are growing again. After shrinking by 3.3% in 2016, cumulative growth between January and June 2017 was 13.2%. Similarly, exports of services, which had already picked up in 2016, grew by 9.7% in the first quarter according to the Trade and Integration Monitor 2017, a recent … [Read more...] about The Challenge of Market Competition in the Digital Era
In Latin America and the Caribbean, it is estimated that the number of exporting firms is close to 112.000. For the universe of exporters, the stagnation of the external markets seen in the last few years meant fewer opportunities to grow through trade. This might be changing. As is described in detail in the latest update of the Latin America and the Caribbean Trade Trend … [Read more...] about Why Have Exports from Latin America and the Caribbean Grown after Four Years of Contraction?
According to Trade Trend Estimates: Latin America and the Caribbean, in 2016, exports from Latin America and the Caribbean have shrunk by an estimated 6%, which points to a tempering of the severe 15% contraction of 2015. Almost every country in the region saw a slowing in the pace of the contraction of foreign sales (Figure 1). Remarkably, starting from August 2016, the region … [Read more...] about The Stabilization of Prices Favored Regional Exports in 2016