Publish in Special Reports - Monday, February 11, 2013
Colombia, here represented by Cartagena port, is one of the growth leaders in US trade with Latin America. (Photo: SPRC)
Mexico posted the largest real growth in US trade, exports and imports in Latin America last year. (Photo: US Department of Transport)
US FTA countries outperform the rest of Latin America.
BY JOACHIM BAMRUD
Colombia and Panama, which both implemented free trade agreements with the United States last year, were among the top five Latin American countries that saw the highest increase in two-way trade in 2012, according to a Latinvex analysis of data from the US Census Bureau.
In fact, the 11 Latin American countries that have free trade agreements with the United States combined outperformed the rest of the region in terms of exports to, and total trade with, the United States, our analysis shows. The 11 countries account for nearly 80 percent of US trade with Latin America.
All in all, US trade with Latin America increased by 6.2 percent to a record ...
Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela