Latin America, absent in more attractive countries for Spanish exporters

Latin America is largely absent from the list of the most attractive places in the world for Spanish exporting companies, since no country in the region is among the top twenty places in the classification prepared by the Association of Internationalized Industrial Companies (Amec).

Amec, which groups together companies with an export volume of over 6,200 million euros (about 6,997 million dollars), identifies in its “Prospective Report”By 2022 to the 36 countries with the greatest commercial potential, according to each industrial sector, to serve as an instrument for Spanish companies when developing international expansion strategies.

Mexico it occupies the twentieth position and remains in the same position as in previous editions of the report. Chile, Colombia, Brazil and Peru, in this order, in a list led by the United States.

The Latin American country that fell the most is Chile, which fell seven places, from fifteenth position last year to 22 this edition.

With this drop, the Latin American region loses its representation among the twenty countries that offer the most commercial opportunities for Spanish companies, since last year only that country was among them.

In addition, Argentina, which last year closed the list at 36th place, does not appear in the 2022 ranking.

One more year, the United States leads this classification “because it is a large and dynamic market”. Added to this is its strong commitment to a substitute industry of its own, due to the trade war with China, and the promotion of an infrastructure plan endowed with 1.2 trillion dollars.

Amec has detected that they have been opened “new commercial points of interest“As a result of the COVID-19 pandemic and the enormous investments that countries have made to overcome the crisis, explains the general director of the association, Joan Tristany, when presenting this report.

Undoubtedly, the recovery plans carried out by the countries represent a source of opportunities for companies, both in the most advanced and emerging ones, which need equipment in areas such as textiles, food, construction or infrastructures.

Therefore, according to Amec, It is important “be alert and not only think about the funds and aid that will be given in Spain, but also in the rest of the countries “, as “there will be many new investments, both in the European markets and in the American and Asian”.

For the elaboration of your “Market ranking”’, The association takes into account factors such as business ease, governance and resilience, economic projection, business environment and market capacity.