Brazil has a chance to increase exports by US$7.8 billion, says IDB

According to the Inter-American Development Bank, Latin America should benefit from the reconfiguration of global trade.

RIO DE JANEIRO, BRAZIL - Brazil may have an additional gain of US$7.8 billion a year in exports with the reconfiguration of international trade, according to a projection presented by the IDB (Inter-American Development Bank) on Tuesday, June 7.

The growth in exports would result from "nearshoring" - having the supply chain closer to the buyer.

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