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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