Nuvei, a global payments technology company, has just launched the whitepaper “Insights and Opportunities for Regional Expansion Success – Interconnecting Asia-Pacific and Latin America”. The data inside the report comes from our exclusive AMI Latin America eCommerce Library.
The report predicts that eCommerce in Brazil will grow at an annual rate of 20% between 2022 and 2026 to USD $328bn. In Mexico, eCommerce growth will increase 32% per year over the same period. Much of this growth will be driven by cross-border eCommerce with Asia, which currently only represents 16% of all eCommerce imports.
Other topics covered in the whitepaper include:
- Why Latin America is such an attractive market for Asian companies
- How market synergies between Asia and Latin America have fueled trade growth between the regions
- How businesses from other regions can replicate this success
- The role of local payment methods and acquiring partners in maximizing the opportunity for international businesses to grow in Latin America
Find more about this report by clicking here.