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Economy Oct, 18, 2024 0

Paraguay’s Economic Strain as River Water Levels Plummet

The historic drop in the water levels of the Paraguay River threatens to disrupt Paraguay’s economy, increasing transportation costs and driving up the prices of essential goods. As warnings grow,…
Economy Oct, 17, 2024 0

Argentina’s trade surplus nears $16 billion under Milei

Argentina likely had a trade surplus for the tenth straight month in September under libertarian President Javier Milei, helping to accumulate a net $16 billion in hard currency since he…
Economy Oct, 15, 2024 0

Significant Growth in Argentina-Brazil Trade in September

Bilateral trade between Argentina and Brazil surged to $2.73 billion in September 2024, reflecting a 27.1% increase from the $2.15 billion recorded in the same month of 2023, according to…
Economy Oct, 15, 2024 0

Peru’s Exports Surge 19% in August, Driven by Higher Volumes and Prices

Peru’s exports reached $6.57 billion in August, marking a 19% increase compared to the same month in 2023, according to the Central Reserve Bank (BCR). This growth was attributed to…
Economy Oct, 14, 2024 0

Record high for U.S.-bound exports from Brazil

Brazilian exports to the United States surged by 10.3%, reaching a record $29.4 billion from January to September this year compared to the same period in 2023, according to the…
Economy Oct, 10, 2024 0

Capital goods imports gain ground, suggesting higher productive capacity

In line with the heated economic activity, capital goods imports in Brazil grew by 20% from January to September this year, reaching $26.4 billion. These figures indicate an expansion of…
Economy Oct, 10, 2024 0

Brazil Hosts Pivotal Low-Carbon Hydrogen Summit, Shaping the Future of Clean Energy

With the approval of Bill 2308/23, which regulates the production of low-carbon hydrogen (H2V), by the Brazilian House of Representatives, Brazil steps into a global discussion about the future of…
Economy Oct, 09, 2024 0

Record Number of Brazilian Companies Now Exporting to the U.S., Strengthening Bilateral Trade Ties

The United States has solidified its position as the primary destination for Brazilian manufactured goods, with 9,553 exporting companies in 2023—the highest number in 200 years of bilateral relations. According…
Economy Oct, 09, 2024 0

Argentina to cut red tape for some imports

Argentina announced it will implement some measures to streamline and simplify trade operations in the country, including for some imports. WHY IT’S IMPORTANT The measures are targeted at boosting Argentina’s…
Economy Oct, 09, 2024 0

Brazil posts trade balance surplus of USD 1bn by 1st week of October

According to the Secretariat of Foreign Trade (Secex) of the Ministry of Development, Industry, Commerce, and Services (MDIC), the Brazilian economy recorded a surplus of $1.02 billion in the first…