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Trade Promotion

What caused the drop in exports from Latin America?

June 27, 2019 by Paolo Giordano Leave a Comment

After 27 months of growth, the value of exports from countries in Latin America and the Caribbean (LAC) fell by 1.6% in the first quarter of 2019 compared to the same period in 2018. Annual export growth around 8.9%, as was the case in 2018, is now a thing of the past. These findings were revealed in the 2019 edition of the report Trade Trend Estimates: Latin America and the … [Read more...] about What caused the drop in exports from Latin America?

Exports, the Productivity Engine the Andean Region Needs

May 24, 2019 by Marta Ruiz-Arranz Leave a Comment

Productivity

In recent decades, productivity levels have been low in the Andean economies (Colombia, Venezuela, Ecuador, Peru, and Bolivia). One explanation for this is the limited development of the region’s export sector. International trade accounts for just over 20% of the region’s GDP, far less than Asia, Europe, the rest of Latin America and the Caribbean (LAC), and even … [Read more...] about Exports, the Productivity Engine the Andean Region Needs

How Latin American businesses can plug into the digital global economy

May 18, 2019 by Fabrizio Opertti Leave a Comment

Digital

If I told you that one of the video games your children play, one of the most acclaimed movies you've seen recently, and one of the most popular mobile digital apps in the world were created or co-created by Latin American and Caribbean (LAC) companies, would you believe it? Well, you better believe it because it is true. Globant, a software development company from … [Read more...] about How Latin American businesses can plug into the digital global economy

India: giant trade possibilities

April 16, 2019 by Belisario De Azevedo Leave a Comment

India

No one thinking seriously about Latin America and the Caribbean’s (LAC) engagement with the global economy can deny the importance of trade, investment, and cooperation with Asia. But why is India often overlooked? The possibilities for deeper ties are immense, as detailed in the study LatIndia: the Future of Cooperation between India and Latin America. India is a 1.3 … [Read more...] about India: giant trade possibilities

The Gulf: A Big Opportunity for Trade

April 8, 2019 by Fabrizio Opertti Leave a Comment

Gulf image

When you think of the main export destinations for Latin America and the Caribbean (LAC), the first countries that come to mind are the United States and China. However, there is a big potential for products from LAC in other parts of the world, including the Gulf countries. True, the geographic and cultural distance between these nations and LAC is considerable, but the … [Read more...] about The Gulf: A Big Opportunity for Trade

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On this blog, the IDB Integration and Trade Sector shares reflections on the role of trade, investment, cooperation, and regional integration for development in Latin America and the Caribbean. Subscribe and join the conversation.

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