Exports of agricultural food products surpassed 9.6 trillion ... beverage and processed rice exports all reaching new highs. Exports to Latin America, and particularly Mexico, saw the steepest ...

The value of exports from Latin America and the Caribbean contracted by 2.2% in 2023 after having grown by 17.0% in 2022, a new release from the Inter-American Development Bank (IDB) reports.

The theory of Import Substitution Industrialization (ISI), and the high tariffs that went with it, brought about economic dysfunction and stagnation to the region.