When you think of a beef export power, countries like Argentina, Australia or Brazil come to mind. Not Paraguay necessarily. In fact, very few know that in 2015, Paraguay exported $420 million more meat than Argentina, for a total of $1.3 billion, slightly below Uruguay and its total of $1.6 billion, (source: IDB's INTrade portal). Today, it is more common for a Russian to eat … [Read more...] about How did Paraguay become a champion of meat exports?
What’s the future of Free Trade Agreements?
After decades of deepening regional integration in Europe, in 2016 voters in the United Kingdom (UK) chose to leave the European Union (EU). The UK is now triggering EU Treaty Article 50 to bring its five decades of EU membership to a close within two years. And in January 2017, the president of the United States announced his country’s withdrawal from the Trans-Pacific … [Read more...] about What’s the future of Free Trade Agreements?
Who Would Arrive First on a Trip between Mexico and Panama: A Marathon Runner or a Truck Driver?
Don Heriberto Martinez, a 55-year-old truck driver from El Salvador, spent most of his adult life transporting goods down the Pacific corridor. The corridor is the shortest route between Mexico and Panama, where six billion dollars of commercial goods are transported every year. Martinez usually spends eight days to drive its 3,200 kilometers. On the other hand, Dennis Kimetto … [Read more...] about Who Would Arrive First on a Trip between Mexico and Panama: A Marathon Runner or a Truck Driver?
5 Data Visualization Tools in INTrade to help you get a handle on LAC trade and integration
The Western Hemisphere covers over 34 countries, each with different factor endowments and development histories, and linked by a complex "spaghetti bowl" of regional integration projects and bilateral and plurilateral trade agreements. Making sense of any one part of these is challenging, but the Integration and Trade Sector's INTrade system offers information that can help … [Read more...] about 5 Data Visualization Tools in INTrade to help you get a handle on LAC trade and integration
Are we entering a new era of trade facilitation cooperation in Latin America?
This afternoon, Brazil’s Ministry of Industry, Foreign Trade and Services and Argentina’s Ministry of Production announced a technical cooperation with the Inter-American Development Bank. The goal is to intensify areas for dialogue between Brazilian and Argentinian governments and private sectors to effectively implement measures to facilitate bilateral trade. The IDB will … [Read more...] about Are we entering a new era of trade facilitation cooperation in Latin America?