Latin American Trade
Latin American trade involves the exchange of goods and services among countries in the Latin America region, which includes nations like Brazil, Argentina, and Mexico. This trade is vital for economic growth, as it allows countries to access resources, technology, and markets that they may not have domestically. Key exports from the region include agricultural products, minerals, and manufactured goods.
Trade agreements, such as the United States-Mexico-Canada Agreement (USMCA) and the Mercosur bloc, facilitate commerce by reducing tariffs and promoting cooperation. These agreements help strengthen economic ties and encourage investment, benefiting both local economies and international partners.