Interconnecting Asia Pacific and Latin America
Exploring insights and opportunities for successful regional expansion
Latin America and Asia, two regions at opposite ends of the globe, have intertwined commercial interests.
These interests are driving substantial economic growth, from a 9% annual growth in trade since 1995 to strategic investments in various sectors, they have built deep connections, leveraging each other's strengths in technology, natural resources, and commerce. The relationship is further cemented by shared experiences in digital transformation, market fragmentation, and economic adaptability, propelling them to become pivotal players in the global economy.
Our special report offers insights into the burgeoning economic ties between these two regions and the role of Nuvei in facilitating cross-border transactions. It explores the opportunities and challenges presented by the growing collaboration and trade relations between Asia Pacific and Latin America.
51% of all cross-border eCommerce in Brazil can be attributed to APAC merchants. Mexico's cross-border sales are growing at a much faster rate than domestic, at 39% annually vs. 30%.
Through an analysis of market dynamics, regulatory frameworks, and consumer behaviors, the report provides valuable guidance for businesses aiming to capitalize on this interconnection. Additionally, it highlights Nuvei's role in enabling seamless cross-border transactions, empowering businesses to leverage the economic potential of both Asia Pacific and Latin America.
As businesses seek to expand their global reach, understanding and harnessing the synergies between these regions become critical for achieving sustainable growth and success.
Download to learn:
- About the booming trade between Latin America and Asia, a nexus that has surpassed $500 billion annually
- How businesses can leverage these opportunities for expansion and innovation
- Why Latin America an attractive destination for Asian companies and vice versa