Wednesday, February 15, 2012

Latin America Expected to Grow to $4.8 Trillion by 2015

Did you know?

  •  Central and South America are home to 440 million people.  In 2010, it had a GDP of $3.6 trillion, projected to rise to $4.8 trillion by 2015. The region’s economy grew by around 6 percent in 2010, and is expected to grow 4 percent in 2011.
  •  Exports to Central and South America are estimated to be $161 billion in 2010, supporting almost 900,000 U.S. jobs.
  • 80 percent of U.S. consumer and industrial goods exports to the CAFTA-DR region and Peru are no longer subject to tariffs.
  • The U.S. has an approximately 43% market share in the Dominican Republic, with approximately 70% of consumer goods imported into the Dominican republic coming from the United States.
  •  U.S. exports to Chile – primarily manufacturing – were projected at $13 billion in 2009 
  • U.S. Exports to Peru have Doubled Since Passage of the US-Peru FTA reaching over 6 billion in  purchases in 2010 alone.  
  • USDA products exports to Peru reached an all time high of $760 million in 2010.

Trade Mining can help you grow your business in Latin America by:

  • Giving you access to who is buying  and who is supplying
  • Frequency of purchases 
  • Providing insights on transactional trends
  • Pinpointing the carriers that specialize in moving freight to  your target country

To request a no obligation sample of our Latin data send an email to: Get Latin Data or call 954-374-9049 for a faster response. 

Sources: The White House, U.S. Department of State,