Latin America

While our Latin America Tour 2020 has been delayed due to the COVID-19 outbreak, we are glad to share some of our market research with members over the coming weeks.

They shall form a basis for tradelane expansion and development. In case of any questions, please do not hesitate to contact our Gulcin Akkas (gulcin@oceanx.network).

As usual OceanX copyright rules apply, which allow free use of any content by OceanX members within their organisation or in their own released materials to customers.

Country Profile: Argentina

Argentina is one of the largest economies in Latin America with a GDP more than 519 Billion USD. The country is rich in natural resources (Gas and Lithium) and joys from extraordinary fertile lands which favors its Agriculture and Livestock industries.

Our report provides a comprehensive overview of the market.

Country Profile: Uruguay

Uruguay has one of the highest levels of GDP per capita in South America and has a developing middle class.

Our report provides a comprehensive overview of the market.

Country Profile: Paraguay

Paraguay is one of the fastest growing economies in Latin America. Country’s public debt is low, foreign exchange reserves are at an appropriate level, in?lation and unemployment are under control, and economic indicators are positive. According to World Bank Paraguay has achieved impressive economic growth and shared prosperity over the last 15 years. The economy grew at 4.5 percent per year on average (2004-2017), faster than most of its regional comparators.
 Paraguay economy mostly based on agriculture and livestock by employing one third of the total working population, the agricultural sector generates 64% of export earnings. The fourth largest soybean exporter in the world.

Our report provides a comprehensive overview of the market.

Country Profile: Mexico

Currently Mexico is the second largest economy of Latin America after Brazil and the 15th largest economy in the world. It ranks 11th in the world in terms of population size.

In addition to this Mexico is the 9th largest export economy in the world and the 21st most complex economy according to the Economic Complexity Index (ECI).

Our report provides a comprehensive overview of the market.

Country Profile: Peru

Located on the shore of the Pacific Ocean, Peru is the third largest country in South America in terms of surface area. Peru is ranked 68th among 190 countries and 5th in the Region in the World Bank 2019 Ease of Doing Business Report.

Our report provides a comprehensive overview of the market.

Country Profile: Colombia

Colombia is the 55th largest export economy in the world and the 3rd in Latin America region according to the World Bank Doing Business report. The Colombian economy is heavily based on oil and mining revenues. Oil and coal make up 49% of export revenues.

Our report provides a comprehensive overview of the market.

Country Profile: Chile

Chile is the 1st country in Latin American that has adopted the free market economy model, has political and economic stability, and acts with the understanding of free and competitive trade with all countries of the world.

Our report provides a comprehensive overview of the market.

Country Profile: Brazil

Brazil is the largest economy in South America. It’s also the eighth biggest economy in the world according to total GDP measured in 2018 by the World Bank : 1,868 Billion USD. Although the GDP growth rate has dropped signiÞcantly in 2010 from 7.5 % to -3.5% in 2015, it recovered to 1.1% in 2018. It was projected to raise to 2.2 % in 2020 (with expected reconsideration of Covid-19 impact).

Our report provides a comprehensive overview of the market.