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?
Trade Promotion
El Hub, a new podcast for exporting SMEs
Lizeth Correa and her husband Jaime Ríos began exporting bananas and lemons from Colombia 14 years ago. Today, they sell over 150 products from at least six countries in Latin America and the Caribbean, including apples, onions, blackberries, and avocados. We are featuring their story in El Hub, the new podcast by ConnectAmericas for exporting small and medium-sized enterprises … [Read more...] about El Hub, a new podcast for exporting SMEs
Pandemics: the time has come for Latin America to export telemedicine services
One of the problems associated with pandemics, like COVID-19, is that as individuals rush to hospitals, the national health care system can get overloaded beyond its capacity to treat people. A potential way to reduce the strain on the system is through telemedicine, the delivery of health care services from one site to another via electronic communications, often through a … [Read more...] about Pandemics: the time has come for Latin America to export telemedicine services
Six Ways to Boost Trade between Latin America and India
The IDB recently published, in partnership with the Export–Import Bank of India (Exim Bank), a study on trade opportunities between Latin America and the Caribbean (LAC) and India. The report yielded results that are highly promising for countries and companies in both subcontinents. Bilateral trade between the two regions has increased twenty-fold in as many years, going … [Read more...] about Six Ways to Boost Trade between Latin America and India
Boosting trade cooperation with Korea
Over the last 20 years, Korea has become one of Latin America and the Caribbean’s (LAC) most dynamic trade partners. Bilateral trade quadrupled, reaching US$43 billion in 2018, and foreign direct investment from Korea in LAC has both increased and diversified. Korea is the Asian economy with the largest network of free trade agreements with LAC countries, with a total of … [Read more...] about Boosting trade cooperation with Korea