Tomorrow, October 31, 2024 at 1:00pm EST, the U.S. Commercial Service at the U.S. Consulate General, São Paulo, Brazil will provide information on why should U.S. businesses consider Brazil. Brazil is a continental opportunity. By far the largest and most populous country in South America, and with the largest consumer market and GDP in South America, Brazil is an excellent market for experienced U.S. exporters seeking to tap into its diversified economy. The United States is Brazil’s second largest trading partner due to a robust commercial relationship and a shared commitment to mutual prosperity. Brazil possesses the third largest economy (US $1.92 trillion in 2022) and the second largest population (215 million) in the Western Hemisphere. Brazil’s geographic territory is larger than that of the contiguous United States and Brazil shares a border with every country in South America, except two (Ecuador/Chile). Brazil is the world’s fifth largest internet economy (with over 177.1 million users) and the increase in mobile connectivity allows for over 94% of the Brazilian population to use the internet. Brazilian consumers are highly digital, with strong social media usage, and most companies and consumers use a Brazilian payment system called “PIX” for instantaneous payments and cash transfers. Doing business in Brazil requires in-depth knowledge of the local environment, including the high direct and indirect costs of doing business, commonly referred to in Portuguese as the “Custo Brasil” or “Brazil Cost.” Join us to learn more about the largest consumer market in Latin America, Brazil! Attendees will learn about five markets and how to participate in Trade Winds - The Americas in April 2025. Attendees will hear, firsthand, from the experts about the region’s market potential, as well as business opportunities. Registration Cost: $25 per webinar, per participant. Prior to submitting payment, please select the webinar(s) of interest. https://lnkd.in/ggqFS9T9
Illinois District Export Council #ILDEC’s Post
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Chief Economist & Vice President at Export Development Canada | Exportation et développement Canada
For Canadian businesses looking to grow their sales, going global will give you access to bigger markets, boosting profits and diversifying your revenue base. But in the current environment, political instability and supply chain disruptions have increased the risk of operating abroad. Export Development Canada | Exportation et développement Canada is here to help Canadian SMEs adapt to the current landscape and gain access to opportunities in the U.S. and Mexico, as well as surging demand coming from fast-growing markets in the Indo-Pacific region. Check out this excellent Globe Content Studio interview with EDC Deputy Chief Economist Ross Prusakowski, on the state of the global economy, highlighting how EDC can help Canadian businesses turn global uncertainty into new opportunities. 👇👇 👇 👇 👇 👇 👇 Read the full article here: https://lnkd.in/giYUJW8k
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Marketing Director | LinkedIn Top Voice | Lead Generation | Proven Revenue Driver | Award-Winning Global Staffing Leader
The U.S. Chamber of Commerce reveals groundbreaking insights on digital trade's impact: Digital trade supports over 3 million American jobs, spanning various sectors from tech to agriculture. The digital economy contributed $2.6 trillion to GDP in 2022, constituting 10% of U.S. economic output. State-specific data showcases job creation and revenue from digital exports, empowering local economies. Our broad education campaign champions the benefits of digital trade, urging lawmakers to safeguard jobs and growth. Join us in advocating for strong digital trade rules to protect American workers and businesses. Discover how digital trade shapes your state's prosperity and competitiveness. Click here for the full report. #DigitalTrade #EconomicGrowth #Jobs
New Chamber Report Reveals Digital Trade’s Enormous Benefits as an Engine for U.S. Jobs and Growth
uschamber.com
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(forthcoming paper) Go European! A transformative journey across dreams, models, expectations, and realities. Ilir Ciko, Canadian Institute of Technology Abstract This paper examines market price differences of identical products sold by the same international companies operating in Albania and the EU markets by assessing four distinct perspectives. It reveals that (i) the economic models and common sense would predict that prices of identical products, sold by the same operators in an open market, should be lower in Albania based on PPP factors, or converge toward equalization through the EU integration process; (ii) the expectations of businesses and consumers in Albania, based on two surveys conducted during Spring 2024 with 150 consumers and 30 businesses, suggest that there should be minor price differences (average +5.5 percent higher in Albania for consumers and +2.7 percent for businesses); (iii) the reality, based on price information collected for 150 consumer products, randomly chosen from 13 product categories and sold in Albania by three major European companies, indicates that during Spring 2024, the average price of the products in the Albanian market was +79.7 percent higher than the average price of the same products, sold by the same operators in the EU markets. The paper analyzes the main factors enabling significant price differences between the Albanian and the EU markets, the burden and cost for the Albanian consumers, the implications for the society and the economy, and provides consumer-centered, market-based recommendations.
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Why limit your growth to Canada? Learn how Canadian businesses can navigate global trade shifts, tackle risks head-on, and capitalize on new markets with Export Development Canada | Exportation et développement Canada’s market insights, connections, and financial solutions. Read more economic insights in this interview with the Globe and Mail here: Is the timing right for your business to expand globally? - The Globe and Mail
Is the timing right for your business to expand globally?
theglobeandmail.com
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Another edition of the most completed commercial realt estate market report!
The resilience of the Portuguese economy has been much in evidence, even in light of the outbreak of global conflicts in 2022 and 2023. The country has succeeded in boosting economic growth and has surpassed the projections of several financial institutions. The level of confidence of economic agents and consumers has made a major contribution to the good performance of the retail and hotel segments considered to be the stellar performers of 2023. 2024 may still be a year of some uncertainty. Information on these and other conclusions has been published in this new issue of our Prime Watch study.
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REGISTER HERE: https://lnkd.in/dEempG-8 Top 10 Reasons Why Latin America is a Hub for Investment & Business Expansion for European Companies Latin America is emerging as a dynamic and lucrative region for European businesses seeking expansion. Here are the top 10 reasons why: 1. Large Consumer Market: With a population of over 650 million, Latin America boasts a vast consumer market, including a growing middle class of over 300 million. 3. Rich in Natural Resources: Latin America is a major producer of commodities like oil, gas, minerals, and agricultural products, valued at over $1 trillion annually. 4. Strategic Geographic Location: The region's proximity to key markets like the US and Europe, coupled with improved infrastructure, makes it a strategic location for logistics and distribution. 5. Diverse Cultural Landscape: Latin America's diverse cultures and languages offer unique opportunities for tailored marketing and business strategies. 6. Government Incentives: Many Latin American countries offer attractive investment incentives, such as tax breaks, simplified regulations, and reduced tariffs, to encourage foreign investment. 7. Skilled Workforce: The region has a young and skilled workforce, particularly in technology and engineering, with over **50 million workers** in the formal sector. 8. Digital Transformation: Latin America is undergoing a digital revolution, with a growing e-commerce market valued at over $100 billion and a rapidly expanding fintech sector. 9. Free Trade Agreements: Several Latin American countries have signed free trade agreements with the EU, reducing tariffs and facilitating trade. 10. Innovation and Entrepreneurship: A growing startup ecosystem and a culture of innovation are driving economic growth and creating new business opportunities. Ready to explore the Latin American market? Let's connect and discuss how we can help your business succeed in this dynamic region. #LatinAmerica #BusinessExpansion #Investment #Europe #GlobalBusiness
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The world's largest digital exporters 🌎📈 In terms of analysis: - The UK 🇬🇧 is the 2nd largest digital exporter, with $438B in exports. - This places the UK solidly among the top global players in the digital export market. - The significant scale of the UK's digital exports, only behind powerhouse like the US , dicates it is a major digital economy and services provider. - The UK's position highlights its technological capabilities and competitiveness in high-value digital sectors like software development , IT services, and FinTech. - Compared to its European peers, the UK's digital exports are larger than Ireland ( $328B) , Germany ( $248B), Netherlands ($194B),France ($170B), and Spain ($67B), further emphasizing its digital export strength. 💡 Therefore, based on the data presented, digital exports appear to be extremely important and a major driver of the UK's economy and global trade position. #UKExports #BusinessStrategy #Entrepreneur #GlobalTrade #InnovationEconomy
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REGISTER HERE: https://lnkd.in/dEempG-8 Top 10 Reasons Why Latin America is a Hub for Investment & Business Expansion for European Companies Latin America is emerging as a dynamic and lucrative region for European businesses seeking expansion. Here are the top 10 reasons why: 1. Large Consumer Market: With a population of over 650 million, Latin America boasts a vast consumer market, including a growing middle class of over 300 million. 3. Rich in Natural Resources: Latin America is a major producer of commodities like oil, gas, minerals, and agricultural products, valued at over $1 trillion annually. 4. Strategic Geographic Location: The region's proximity to key markets like the US and Europe, coupled with improved infrastructure, makes it a strategic location for logistics and distribution. 5. Diverse Cultural Landscape: Latin America's diverse cultures and languages offer unique opportunities for tailored marketing and business strategies. 6. Government Incentives: Many Latin American countries offer attractive investment incentives, such as tax breaks, simplified regulations, and reduced tariffs, to encourage foreign investment. 7. Skilled Workforce: The region has a young and skilled workforce, particularly in technology and engineering, with over **50 million workers** in the formal sector. 8. Digital Transformation: Latin America is undergoing a digital revolution, with a growing e-commerce market valued at over $100 billion and a rapidly expanding fintech sector. 9. Free Trade Agreements: Several Latin American countries have signed free trade agreements with the EU, reducing tariffs and facilitating trade. 10. Innovation and Entrepreneurship: A growing startup ecosystem and a culture of innovation are driving economic growth and creating new business opportunities. Ready to explore the Latin American market? Let's connect and discuss how we can help your business succeed in this dynamic region. #LatinAmerica #BusinessExpansion #Investment #Europe #GlobalBusiness
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Interesting this short article. Market size and trade matter. We should take these into account down here in Argentina as well...
How to Awaken Europe's Private Sector and Boost Economic Growth
imf.org
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Helping institutional investors diversify into global small- and mid-cap equity strategies | Portfolio manager leading a team of creative problem-solvers to uncover investment gems across the world
I shared this in Spanish last week: I see a lot of warning signs currently pulsing through Mexico’s economy. Backing up: I’m part of a Expansión panel that regularly assesses Mexico’s economic health. We use a 🚥 scale. And as President Claudia Sheinbaum took over from AMLO earlier this month, we gave the following assessments: 🔴 Government Debt—at 50% of GDP for the first time in modern history, 2023 deficit of 6% 🟡 Public spending—higher than government revenues 🔴 Inflation—at 4%, still higher than the Bank of Mexico’s 3% goal 🟡 Exchange rate—a high budget deficit endangers its stability 🔴 Formal employment—currently far short of 2024 goals 🟢 Foreign trade—strong base to maintain and enhance with diversified exports 🟡 FDI—driven by reinvestments, need more new investment A lot for our new president to tackle. Log on for our webcast on Thursday, October 24, at 4:00 pm EST. #investing #equities #international = = = 📌 We specialize in little-known non-U.S. small- and mid-cap equities. 📌 Sign up for AZTLAN’s Thoughts on the Run, insights, and analysis in the Featured Section.
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