The following factsheet provides the latest statistics on trade and investment between the UK and Falkland Islands.
Trade between Brazil and the United States in 2022 reached a historic level of US$ 88.7 billion. An original analysis of Amcham’s “Brazil-US Trade Monitor”, release by Canal Rural, indicates that the value surpassed the previous record set in 2021 by US$18.2 billion (25.8%).
Argentina's trade balance with Brazil yielded positive results for the second straight month in October 2021. However, numbers for the first 10 months of the year are still in the red.
Trade between Brazil and China surpassed the 2020 record during the first nine months of this year, with overall exchange reaching US$ 100bn. Total 2021 bilateral trade is expected to reach US$ 108bn.
Uruguayan President Luis Lacalle Pou Friday told the America Business Forum in Punta del Este that his country was moving forward in trading with the world because it is what needs to be done.
Argentina has recorded a trade surplus with Brazil in September following a YoY increase in sales of 37% year-on-year, it was reported.
Brazil's President Jair Bolsonaro has decided to terminate both bilateral maritime transport agreements with Argentina and Uruguay, it was announced.
The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.
A report released Tuesday showed that Argentina's trade with neighbour Brazil has reached its highest level since 2018, exports reaching US $ 4.2 billion until May, 33% better than in the first five months of last year, but 6% lower than the same period of 2019.
The shipping company Maersk expects world trade to grow by 3% or more in 2021. The company sees global trade recovering, but there is still a lot of uncertainty about the size of the impact of Covid-19 on the world economy in 2021. So it is implementing a global strategy that positions it for growth in several countries, including Mercosur members.