Regulatory obstacles to cross-border e-commerce in Latin America and the Caribbean. Latin America and the Caribbean (LAC) is home to 400 million internet users, meaning that 60% of its population has online access. In 2017, 140 million digital buyers living in the region spent an estimated US$60 billion in online retail. Most strikingly, LAC is the region with the highest … [Read more...] about Why can’t I e-buy from my neighbors?
Trade Promotion
How Sustainable is the Latin American Trade Recovery?
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?
Selling to supermarkets and international distributors
Food producers from Latin America and the Caribbean (LAC) have an opportunity to start exporting the healthy, organic foods and beverages that currently in fashion all over the world. Gluten-free or kosher snacks are another attractive new niche. But producers wanting to conquer these export markets need to be prepared. Global experts gave us tips and pointers during the LAC … [Read more...] about Selling to supermarkets and international distributors
The Challenge of Market Competition in the Digital Era
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
Korea and LAC: New Frontiers in the Asia-Latin American Relationship
[gdlr_notification icon="icon-flag" type="color-background" background="#fbb034" color="#ffffff"]The most important business forum between Korea and Latin America and the Caribbean was held in Seoul on October 23 and 24. Inter-American Development Bank authorities, the Ministry of Strategy and Finance, the Korean Trade and Investment Promotion Agency (KOTRA) and Eximbank … [Read more...] about Korea and LAC: New Frontiers in the Asia-Latin American Relationship