Why is Argentina becoming less and less relevant to Brazil as a trading partner?

Rate this post

There is an old saying: “If Brazil catches a cold, Argentina sneezes”.

That is how important the trade relationship with the South American giant is for the Rio de la Plata country.

However, the reverse is not true, and, in fact, in recent years, Argentina’s importance in Brazil’s foreign trade has been declining.

A report by the Argentine consulting firm Ecolatina points out that the Brazilian foreign sector has been one of the most dynamic in the region.

“On average, during the period 2010-2021, exports from the neighboring country grew at a rate of 6.5% annual . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Source link

Leave a Comment