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Monday, August 22, 2011

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US Imports From Latin America Jump

Latin American exports to the US jump despite sluggish US economy.

Chile replaced Colombia as the third-largest US market in Latin America. Here Santiago Airport. (Photo: Jorge Andrade)

BY LBC STAFF

U.S. trade with Latin America rose by a brisk 22 percent in the first half of 2011. But that’s slower than the blazing 33 percent growth a year earlier, according to an analysis by Latin Business Chronicle.

Total U.S.-Latin trade jumped to $373.5 billion for the half, a new record. Mexico accounted for $224.1 billion, or nearly two-thirds of the total exchange. U.S. trade rose with every country in Latin America except one: cash-strapped Cuba, according to data from the U.S. Census Bureau.

Both U.S. exports and imports with Latin America rose by...

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Keywords: Argentina, Brazil, Chile, Colombia, Costa Rica, Cuba, Mexico, Venezuela

THE NUMBERS

US-Latin Trade First Half 2011
Top Trade Partners
Top US Exports Markets
Top Latin American Exporters
Winners & Losers

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