Did you know that Latin America and the Caribbean’s export-related greenhouse gas (GHG) emissions grew considerably in the last 25 to 30 years? And that both the production and transportation of goods contributed to such growth? This is what we found in the study Footprint of Export-Related GHG Emissions from Latin America and the Caribbean, an initial step in the … [Read more...] about What is the Carbon Footprint of Latin American and Caribbean Exports?
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). 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
In mid-2020, at the height of the first wave of COVID-19 infections, the IDB argued that the pandemic had particularly devastating economic effects on Latin America and the Caribbean because it had slammed the brakes on three flows that are fundamental to development: finances, people, and goods. This is what economists call a triple … [Read more...] about Why Latin America should export its way out of the crisis
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?
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