Latin America Focus

Why Latin America?

Dynamic Trade Relations with China

It would be very remiss of one to think that Latin America is a single uniform entity despite its individual countries often being subsumed under one collective geographical term. Instead, the region should be fondly appreciated for its cross-cultural melange of Pre-Columbian, colonial, and modern influences, rich heritage, and ethnic diversity. And indeed, it is precisely this unique heterogeneity, its vast territory, abundant natural resources, and great development potential which underpin the dynamic trade relationship between China and Latin America that has really taken off over the past decade and a half.

In the wake of the commodity boom drawing to a close, China has ushered in a new era of trade relations with Latin America in line with its own new growth model based on innovation and domestic consumption, which is manifested in the rise of spending on research and development and infrastructure—including in Latin America. New opportunities are already looming on the horizon for Latin American firms to provide a wider range of goods and services, as China is pursuing a more sustainable, consumption-driven development path in the long term.

In view of Latin America’s and Spain’s increasing trade with China, we have the Latin Department (Latin American and Spanish business advisory desk) exclusively for Spanish and Portuguese-speaking clients.

- CW's Latin Department

Between 2000 and 2020, China-LAC trade grew 26-fold from $12 billion to $315 billion.

Trade with China remained resilient despite the pandemic.

China’s investments in LAC from 2005 to 2020 amounted to $136 billion.

In 2000, Chinese participation accounted for less than 2% of LAC’s total trade. In 2035, it could reach 25%.

In 2020, China’s imports from LAC amounted to $165 billion.

China has become the top trading partner of Brazil, Chile, Peru, and Uruguay and the second largest trading partner for many other countries.

Latin America's Market Potential

Mercosur and Strong LAT Trade Agreements

Investment in Domestic Infrastructure to Support Business Growth

Highly Trained Workforce

Moderate Commodity Prices

Regional efforts to increase digital access will favor technologically resilient businesses

CW's Latin America Focus

In view of Latin America’s and Spain’s increasing trade with China, we have the Latin Department (Latin American and Spanish business advisory desk) exclusively for Spanish and Portuguese-speaking clients.

Having a sophisticated team of managers and advisors, we are confident of providing industry-leading advisory services, offering flexible, timely, localised services to address the needs of clients from Latin American and Hispanic countries. Progressively, we have been part of the compelling growth of economic and diplomatic relations between China, Latin American countries and Spain to deliver “all-inclusive” services, including a pioneering website in Spanish and Portuguese.

At present, the Latin Department serves more than 200 active clients from Latin America, Spain and Italy. In future, CW will continue to expand its Latin American and Spanish network and take the lead in Hong Kong as a preeminent consultancy partner for Latin American and Spanish clients.

Insight

Update Articles & News

CW Promoting HK 2022-23 Budget in the Spanish and Portuguese-Speaking countries

CW Promoting HK 2022-23 Budget in the Spanish and Portuguese-Speaking countries

On 25 March 2022, CW held a live streaming session highlighting the Hong Kong 2022-23 Budget for Latin American companies. Our colleagues Delilah Li (Senior Manager, Greater China), Victor Herrera (Latam Focus), and Kemelly Vera (Brazil Focus) hosted the live session. Below are the key takeaways from the Hong Kong 2022-23 Budget highlighted in our […]

Hong Kong FinTech Week – Opportunities for Brazilian companies

The Hong Kong FinTech Week is an event focused on providing a platform for participants across the globe to share their innovations, organized by the Hong Kong Monetary Authority and InvestHK. Thiago Cruz Silveira, Principal Consultant of InvestHK in Brazil, has provided us with exciting comments and numbers concerning the event: The latest results of […]

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