Download INTERNATIONAL TRADE AND BUSINESS – SOUTH AMERICA

INTERNATIONAL TRADE AND BUSINESS – SOUTH AMERICAEconomic potential of the region – Relationship between South America and Africa (1)
The relations between Africa and Latin America with the increasing and dynamism oftradeSouthSouth,they take part of the phenomenon of globalization of the international market.
On a commercial level, relations are in emerging levels and have high levels of concentration in
terms of the number of countries involved and products exchanged. (Brazil (2), Argentina, South
Africa and Nigeria for example).
However, the links have increased greatly in the last few years, with the consequent diversification
is undoubtedly a phenomenon that is still at an early stage.
Also in a complex world, actually interregional relations cannot be summarized in a purely
economic aspect. Indeed, several Latin American countries have set up specific policies (cultural
exchange, educational, athletic, etc.) to the African continent, particularly in the cases of Brazil,
Argentina andto the African continent, particularly in the cases of Brazil, Argentina and Venezuela.
It is as well as other Latin Americans, in the case of Chile and Mexico, have been interested in a
progressiveway in Africa, but now in a less planned way. These emerging trends lead us to believe
that thedevelopment of Latin America-Africa relations are potential but there is still a long way to
go.
General South America’s Economic situation*
The latest international trade statistics confirmed the growth of regional trade, which reached a
growth rate of 27% for exports and31% for imports.
The fall in trade, stemming from the crisis in the United States and Western Europe, is exceeded in
widespread with increased demand for imported goods.
The growth in value of exports in the region, compared with other emerging regions, South
America located in the area of growth, still above the world average and industrialized countries.
In several countries the monthly trade flows corresponding to December, they experienced
increases above the monthly average. Particular cases such as Argentina, Brazil, Chile, Colombia,
Ecuador and Peru stand out.
(1) Data source: ECLAC (Economic Council for Latin America) (2) Brazil is the only Portuguesespeaking country.
Country
Surface
(S-Spanish;
P-Portuguese)
Population
(million km)
Main
(million
residents)
Brazil
Argentina
Peru
Colombia
Bolivia
Venezuela
Chile
Paraguay
Ecuador
Uruguay
P
S
S
S
S
S
S
S
S
S
8,54
2,79
1,28
1,14
1,09
0,91
0,75
0,40
0,28
0,18
200
42
30
47
11
29
17
7
16
3
PIB
Brute
PIB
By person
Million $US
2.450
780
350
530
Million $US
12.300
18.700
450
19.400
16.300
15.900
202 million speak Spanish.
200 million speak Portuguese.
Other indicators:
Argentina and Brazil are part of the G20 group of emerging economies.
Argentina, Bolivia, Brazil, Chile, Ecuador, Paraguay, Uruguay and Venezuela are Mercosur partners.
A market of 300 million people.
Argentina, Chile, Paraguay, Uruguay and Venezuela, exceed 95% literacy.
Leading exporters (million U $ S)
Brazil 242.600
Venezuela 97,300
Argentina 81,100
Chile 78,200
Colombia 59,900
Major importers (US $ million)
Brazil 223,200
Chile 74,800
Argentina 65,500
Main recipients of foreign direct investment
Brazil 65,200
Chile 30,300
Colombia 15,800
Argentina 12,500
Tourism, the most visited countries of South America. (million)
Argentina 5.8
Brazil 5.3
Chile 3.2
Colombia 3.1
Peru 3
For more information:
http://www.mercosuronline.com/
http://consultaweb.aladi.org/sicoex/jsf/home.seam