IBOV 169,019 ▼ 0.77% IPSA 10,273 ▼ 0.30% IPC MEX 66,141 ▼ 1.86% MERVAL 3,084,617 ▼ 2.83% COLCAP 2,192.97 ▼ 1.58% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.17 ▲ 2.18% USD/MXN 17.46 ▲ 1.07% USD/CLP 912.70 ▲ 1.91% USD/COP 3,594 ▲ 0.47% USD/PEN 3.47 ▲ 4.08% USD/ARS 1,441 ▲ 0.25% USD/UYU 40.26 ▲ 1.31% USD/PYG 6,083 ▲ 1.79% USD/BOB 6.85 ▲ 1.51% USD/DOP 58.21 ▲ 0.28% USD/CRC 458.41 ▲ 2.41% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.64 ▲ 1.80% USD/NIO 36.62 ▲ 0.77% USD/VES 566.26 ▲ 1.62% USD/PAB 1.00 ▲ 2.28% USD/BZD 2.00 ▲ 1.70% USD/JMD 156.98 ▲ 0.27% USD/TTD 6.66 ▲ 0.35% EUR/BRL 5.96 ▲ 1.44% BRENT 93.09 ▼ 2.04% WTI 90.54 ▼ 2.69% IRON ORE 161.91 — — COPPER 6.29 ▼ 3.47% GOLD 4,365 ▼ 2.47% SILVER 69.10 ▼ 6.34% SOY 1,122 ▼ 0.71% CORN 417.50 ▼ 1.65% WHEAT 580.00 ▼ 0.30% COFFEE 246.65 ▼ 0.20% SUGAR 14.12 ▼ 1.05% ORANGE JUICE 159.20 ▼ 5.46% COTTON 77.28 ▲ 3.19% COCOA 3,823 ▼ 3.58% BEEF 241.65 ▼ 3.02% CATTLE 353.90 ▲ 0.15% LITHIUM 78.30 ▼ 5.98% PETR4 40.89 ▼ 0.87% VALE3 78.70 ▼ 3.78% ITUB4 38.83 ▲ 0.28% BBDC4 17.47 ▲ 0.58% ABEV3 16.17 ▲ 0.62% BBAS3 19.17 ▼ 1.84% B3SA3 15.41 ▼ 0.71% WEGE3 42.46 ▲ 1.63% PRIO3 61.12 ▼ 2.35% SUZB3 41.74 ▲ 1.26% RENT3 40.58 ▲ 0.35% AZZA3 17.13 ▼ 1.44% CSAN3 3.59 ▲ 0.28% RAIZ4 0.40 ▲ 2.56% PCAR3 1.68 ▲ 9.09% GMAT3 4.08 ▼ 2.86% PSSA3 47.81 ▼ 0.73% CVCB3 1.45 ▼ 2.03% POSI3 3.66 ▼ 2.40% SLCE3 14.81 ▼ 1.13% NATU3 9.72 ▼ 0.82% BRKM5 8.78 ▼ 6.89% RANI3 7.85 ▼ 0.63% CSNA3 6.00 ▼ 10.18% CMIN3 4.37 ▼ 2.89% USIM5 11.31 ▼ 1.31% GGBR4 23.48 ▼ 2.69% ENEV3 23.89 ▼ 1.40% NEOE3 33.80 — 0.00% CPFE3 42.69 ▼ 1.41% CMIG4 10.88 ▲ 0.18% EQTL3 38.91 ▼ 2.26% LREN3 14.89 ▲ 1.71% VIVT3 32.95 ▼ 2.37% RAIL3 13.94 ▲ 0.36% KLABIN 17.05 ▲ 1.73% RAIA DROGASIL 17.46 ▼ 0.29% RDOR3 32.76 ▼ 1.06% HAPV3 10.94 ▼ 2.50% FLRY3 14.75 ▲ 0.34% SMTO3 16.88 ▼ 2.43% UGPA3 24.96 ▲ 0.16% VBBR3 28.89 ▼ 2.00% BBSE3 35.39 ▲ 1.00% BPAC11 50.65 ▼ 0.12% CURY3 28.70 ▼ 2.55% AERI3 2.34 ▲ 1.30% VIVARA 20.42 ▼ 0.39% COMPASS 25.50 ▼ 1.12% VAMOS 2.95 ▲ 0.34% SANB11 26.73 ▲ 0.04% ASAI3 8.62 ▼ 1.93% SBSP3 27.34 ▲ 0.40% WALMEX 51.09 ▼ 0.93% GMEXICO 203.61 ▼ 3.71% FEMSA 214.80 ▲ 1.52% CEMEX 21.77 ▼ 2.77% GFNORTE 177.45 ▼ 1.36% BIMBO 55.85 ▼ 2.26% TELEVISA 9.24 ▼ 1.07% AMX 21.67 ▼ 1.05% GAP 400.44 ▼ 3.32% ASUR 494.06 ▼ 2.48% OMA 211.92 ▼ 1.63% KOF 185.72 ▲ 0.61% GRUMA 288.25 ▼ 0.73% KIMBER 36.91 ▼ 2.12% SQM-B 69,340 ▼ 0.45% COPEC 6,105 ▼ 0.16% BSANTANDER 68.70 ▲ 0.87% FALABELLA 5,511 ▼ 1.13% ENELAM 75.35 ▼ 1.58% CENCOSUD 2,110 ▼ 2.31% CMPC 1,040 ▼ 0.95% BANCO CHILE 165.21 ▼ 0.18% LATAM AIR 22.12 ▼ 0.63% YPF 81,075 ▼ 3.31% GGAL 7,205 ▼ 1.84% PAMPA 4,940 ▼ 3.80% TXAR 684.00 ▼ 2.22% ALUAR 976.00 ▼ 3.27% TGS 8,935 ▼ 3.35% CEPU 2,226 ▼ 2.24% MIRGOR 16,425 ▼ 3.38% COME 44.51 ▼ 5.92% LOMA NEGRA 3,348 ▼ 3.18% BYMA 286.25 ▼ 2.47% TELECOM ARG 3,990 ▼ 0.62% ECOPETROL 15.15 ▼ 3.13% BANCOLOMBIA 70.88 ▼ 2.00% GRUPO AVAL 4.80 ▼ 2.04% CREDICORP 322.50 ▼ 1.23% SOUTHERN COPPER 172.97 ▼ 10.88% BUENAVENTURA 30.26 ▼ 11.70% MERCADOLIBRE 1,608 ▼ 1.65% NUBANK 11.97 ▼ 1.24% XP 15.34 ▼ 1.92% PAGSEGURO 8.53 ▼ 3.18% STONE 10.40 ▼ 3.35% GLOBANT 38.30 ▼ 3.23% TECNOGLASS 42.35 ▼ 0.91% GAP AIRPORT 228.80 ▼ 4.52% ASUR 282.14 ▼ 3.64% OMA AIRPORT 97.01 ▼ 2.76% AMX ADR 24.84 ▼ 1.97% FEMSA ADR 122.88 ▲ 0.29% CEMEX ADR 12.47 ▼ 3.63% PETROBRAS ADR 17.75 ▼ 1.72% VALE ADR 15.23 ▼ 3.42% ITAU ADR 7.54 ▼ 1.31% SANTANDER BR 5.24 ▼ 2.06% AMBEV ADR 3.12 ▲ 0.32% CSN 1.18 ▼ 9.23% GERDAU 4.59 ▼ 2.55% LATAM ADR 48.32 ▼ 2.80% BTC 60,590 ▼ 0.55% ETH 1,555 ▼ 1.63% SOL 61.71 ▼ 2.80% XRP 1.08 ▼ 1.36% BNB 573.70 ▲ 0.28% ADA 0.16 ▲ 0.11% DOGE 0.08 ▼ 0.80% AVAX 6.61 ▼ 1.46% LINK 7.31 ▼ 0.62% DOT 0.93 ▼ 1.13% LTC 41.29 ▼ 4.51% BCH 214.34 ▲ 2.35% TRX 0.32 ▲ 0.69% XLM 0.20 ▲ 0.56% HBAR 0.08 ▼ 1.78% NEAR 1.86 ▼ 4.88% ATOM 1.61 ▼ 2.34% AAVE 59.97 ▼ 3.62% SELIC 14.50% EGX 52,653 ▲ 0.17% USD/ZAR 16.55 ▲ 1.63% USD/NGN 1,359 ▲ 0.05% NIKKEI 66,588 ▼ 1.31% CSI300 4,817 ▼ 1.79% HSI 24,962 ▼ 1.15% NIFTY 23,367 ▼ 0.21% KOSPI 8,161 ▼ 5.54% JCI 5,595 ▼ 4.20% USD/JPY 160.29 ▲ 0.21% USD/CNY 6.7660 ▼ 0.10% DAX 24,759 ▼ 0.75% CAC 8,218 ▼ 0.32% FTSE 10,368 ▲ 0.07% MIB 49,893 ▼ 0.56% IBEX 18,345 ▲ 0.38% STOXX 622.66 ▼ 0.29% EUR/USD 1.1527 ▼ 0.80% GBP/USD 1.3336 ▼ 0.69% SPX 7,384 ▼ 2.64% DJI 50,867 ▼ 1.35% NDX 28,958 ▼ 4.77% RUT 2,834 ▼ 3.47% TSX 34,413 ▼ 2.28% VIX 21.51 ▲ 39.68% USD/CAD 1.3933 ▲ 0.22% US10Y 4.5360 ▲ 1.32% IBOV 169,019 ▼ 0.77% IPSA 10,273 ▼ 0.30% IPC MEX 66,141 ▼ 1.86% MERVAL 3,084,617 ▼ 2.83% COLCAP 2,192.97 ▼ 1.58% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.17 ▲ 2.18% USD/MXN 17.46 ▲ 1.07% USD/CLP 912.70 ▲ 1.91% USD/COP 3,594 ▲ 0.47% USD/PEN 3.47 ▲ 4.08% USD/ARS 1,441 ▲ 0.25% USD/UYU 40.26 ▲ 1.31% USD/PYG 6,083 ▲ 1.79% USD/BOB 6.85 ▲ 1.51% USD/DOP 58.21 ▲ 0.28% USD/CRC 458.41 ▲ 2.41% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.64 ▲ 1.80% USD/NIO 36.62 ▲ 0.77% USD/VES 566.26 ▲ 1.62% USD/PAB 1.00 ▲ 2.28% USD/BZD 2.00 ▲ 1.70% USD/JMD 156.98 ▲ 0.27% USD/TTD 6.66 ▲ 0.35% EUR/BRL 5.96 ▲ 1.44% BRENT 93.09 ▼ 2.04% WTI 90.54 ▼ 2.69% IRON ORE 161.91 — — COPPER 6.29 ▼ 3.47% GOLD 4,365 ▼ 2.47% SILVER 69.10 ▼ 6.34% SOY 1,122 ▼ 0.71% CORN 417.50 ▼ 1.65% WHEAT 580.00 ▼ 0.30% COFFEE 246.65 ▼ 0.20% SUGAR 14.12 ▼ 1.05% ORANGE JUICE 159.20 ▼ 5.46% COTTON 77.28 ▲ 3.19% COCOA 3,823 ▼ 3.58% BEEF 241.65 ▼ 3.02% CATTLE 353.90 ▲ 0.15% LITHIUM 78.30 ▼ 5.98% PETR4 40.89 ▼ 0.87% VALE3 78.70 ▼ 3.78% ITUB4 38.83 ▲ 0.28% BBDC4 17.47 ▲ 0.58% ABEV3 16.17 ▲ 0.62% BBAS3 19.17 ▼ 1.84% B3SA3 15.41 ▼ 0.71% WEGE3 42.46 ▲ 1.63% PRIO3 61.12 ▼ 2.35% SUZB3 41.74 ▲ 1.26% RENT3 40.58 ▲ 0.35% AZZA3 17.13 ▼ 1.44% CSAN3 3.59 ▲ 0.28% RAIZ4 0.40 ▲ 2.56% PCAR3 1.68 ▲ 9.09% GMAT3 4.08 ▼ 2.86% PSSA3 47.81 ▼ 0.73% CVCB3 1.45 ▼ 2.03% POSI3 3.66 ▼ 2.40% SLCE3 14.81 ▼ 1.13% NATU3 9.72 ▼ 0.82% BRKM5 8.78 ▼ 6.89% RANI3 7.85 ▼ 0.63% CSNA3 6.00 ▼ 10.18% CMIN3 4.37 ▼ 2.89% USIM5 11.31 ▼ 1.31% GGBR4 23.48 ▼ 2.69% ENEV3 23.89 ▼ 1.40% NEOE3 33.80 — 0.00% CPFE3 42.69 ▼ 1.41% CMIG4 10.88 ▲ 0.18% EQTL3 38.91 ▼ 2.26% LREN3 14.89 ▲ 1.71% VIVT3 32.95 ▼ 2.37% RAIL3 13.94 ▲ 0.36% KLABIN 17.05 ▲ 1.73% RAIA DROGASIL 17.46 ▼ 0.29% RDOR3 32.76 ▼ 1.06% HAPV3 10.94 ▼ 2.50% FLRY3 14.75 ▲ 0.34% SMTO3 16.88 ▼ 2.43% UGPA3 24.96 ▲ 0.16% VBBR3 28.89 ▼ 2.00% BBSE3 35.39 ▲ 1.00% BPAC11 50.65 ▼ 0.12% CURY3 28.70 ▼ 2.55% AERI3 2.34 ▲ 1.30% VIVARA 20.42 ▼ 0.39% COMPASS 25.50 ▼ 1.12% VAMOS 2.95 ▲ 0.34% SANB11 26.73 ▲ 0.04% ASAI3 8.62 ▼ 1.93% SBSP3 27.34 ▲ 0.40% WALMEX 51.09 ▼ 0.93% GMEXICO 203.61 ▼ 3.71% FEMSA 214.80 ▲ 1.52% CEMEX 21.77 ▼ 2.77% GFNORTE 177.45 ▼ 1.36% BIMBO 55.85 ▼ 2.26% TELEVISA 9.24 ▼ 1.07% AMX 21.67 ▼ 1.05% GAP 400.44 ▼ 3.32% ASUR 494.06 ▼ 2.48% OMA 211.92 ▼ 1.63% KOF 185.72 ▲ 0.61% GRUMA 288.25 ▼ 0.73% KIMBER 36.91 ▼ 2.12% SQM-B 69,340 ▼ 0.45% COPEC 6,105 ▼ 0.16% BSANTANDER 68.70 ▲ 0.87% FALABELLA 5,511 ▼ 1.13% ENELAM 75.35 ▼ 1.58% CENCOSUD 2,110 ▼ 2.31% CMPC 1,040 ▼ 0.95% BANCO CHILE 165.21 ▼ 0.18% LATAM AIR 22.12 ▼ 0.63% YPF 81,075 ▼ 3.31% GGAL 7,205 ▼ 1.84% PAMPA 4,940 ▼ 3.80% TXAR 684.00 ▼ 2.22% ALUAR 976.00 ▼ 3.27% TGS 8,935 ▼ 3.35% CEPU 2,226 ▼ 2.24% MIRGOR 16,425 ▼ 3.38% COME 44.51 ▼ 5.92% LOMA NEGRA 3,348 ▼ 3.18% BYMA 286.25 ▼ 2.47% TELECOM ARG 3,990 ▼ 0.62% ECOPETROL 15.15 ▼ 3.13% BANCOLOMBIA 70.88 ▼ 2.00% GRUPO AVAL 4.80 ▼ 2.04% CREDICORP 322.50 ▼ 1.23% SOUTHERN COPPER 172.97 ▼ 10.88% BUENAVENTURA 30.26 ▼ 11.70% MERCADOLIBRE 1,608 ▼ 1.65% NUBANK 11.97 ▼ 1.24% XP 15.34 ▼ 1.92% PAGSEGURO 8.53 ▼ 3.18% STONE 10.40 ▼ 3.35% GLOBANT 38.30 ▼ 3.23% TECNOGLASS 42.35 ▼ 0.91% GAP AIRPORT 228.80 ▼ 4.52% ASUR 282.14 ▼ 3.64% OMA AIRPORT 97.01 ▼ 2.76% AMX ADR 24.84 ▼ 1.97% FEMSA ADR 122.88 ▲ 0.29% CEMEX ADR 12.47 ▼ 3.63% PETROBRAS ADR 17.75 ▼ 1.72% VALE ADR 15.23 ▼ 3.42% ITAU ADR 7.54 ▼ 1.31% SANTANDER BR 5.24 ▼ 2.06% AMBEV ADR 3.12 ▲ 0.32% CSN 1.18 ▼ 9.23% GERDAU 4.59 ▼ 2.55% LATAM ADR 48.32 ▼ 2.80% BTC 60,590 ▼ 0.55% ETH 1,555 ▼ 1.63% SOL 61.71 ▼ 2.80% XRP 1.08 ▼ 1.36% BNB 573.70 ▲ 0.28% ADA 0.16 ▲ 0.11% DOGE 0.08 ▼ 0.80% AVAX 6.61 ▼ 1.46% LINK 7.31 ▼ 0.62% DOT 0.93 ▼ 1.13% LTC 41.29 ▼ 4.51% BCH 214.34 ▲ 2.35% TRX 0.32 ▲ 0.69% XLM 0.20 ▲ 0.56% HBAR 0.08 ▼ 1.78% NEAR 1.86 ▼ 4.88% ATOM 1.61 ▼ 2.34% AAVE 59.97 ▼ 3.62% SELIC 14.50% EGX 52,653 ▲ 0.17% USD/ZAR 16.55 ▲ 1.63% USD/NGN 1,359 ▲ 0.05% NIKKEI 66,588 ▼ 1.31% CSI300 4,817 ▼ 1.79% HSI 24,962 ▼ 1.15% NIFTY 23,367 ▼ 0.21% KOSPI 8,161 ▼ 5.54% JCI 5,595 ▼ 4.20% USD/JPY 160.29 ▲ 0.21% USD/CNY 6.7660 ▼ 0.10% DAX 24,759 ▼ 0.75% CAC 8,218 ▼ 0.32% FTSE 10,368 ▲ 0.07% MIB 49,893 ▼ 0.56% IBEX 18,345 ▲ 0.38% STOXX 622.66 ▼ 0.29% EUR/USD 1.1527 ▼ 0.80% GBP/USD 1.3336 ▼ 0.69% SPX 7,384 ▼ 2.64% DJI 50,867 ▼ 1.35% NDX 28,958 ▼ 4.77% RUT 2,834 ▼ 3.47% TSX 34,413 ▼ 2.28% VIX 21.51 ▲ 39.68% USD/CAD 1.3933 ▲ 0.22% US10Y 4.5360 ▲ 1.32%
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Saturday, June 6, 2026

Brazil Latin America

Latin American Tourism Race: Brazil’s Record Numbers Still Trail Smaller Neighbors

By · December 13, 2024 · 2 min read

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Brazil’s tourism sector celebrated hitting 5.967 million international visitors by November 2024, beating its 2023 total of 5.908 million.

Yet these record numbers tell a more complex story: Mexico and Argentina, both significantly smaller countries, attract far more tourists with less territory and infrastructure.

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Mexico welcomed 21.8 million international visitors by mid-2024, while Argentina drew 13.4 million in 2023. These figures expose a striking gap in Brazil’s tourism performance despite its vast territory and abundant attractions.

The numbers raise questions about Brazil’s ability to compete effectively in the regional tourism market. Argentine tourists lead Brazil’s visitor count with 1.711 million arrivals, followed by Americans at 640,579 and Chileans at 399,500.

São Paulo remains the main gateway with over 2 million arrivals, while Rio de Janeiro recorded 1.352 million visitors. Tourist spending reached R$26.2 ($4.3) billion from January to August 2024, setting a 29-year record.

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The tourism landscape reveals stark contrasts in regional performance. Mexico‘s success stems from efficient infrastructure and established global appeal. Argentina maximizes its tourism potential through strategic marketing and accessibility.

Unlocking Brazil’s Tourism Potential

Meanwhile, Brazil’s vast size paradoxically works against it, creating challenges in infrastructure and connectivity. Recent improvements show Brazil’s commitment to growth.

The addition of 70,000 airline seats between October 2024 and March 2025 through the Tourism Acceleration Program signals progress. Federal funding of R$380 million supported 510 tourism projects in 2023, addressing infrastructure gaps.

Colombia’s growth adds another dimension to this regional competition. Its 6.1 million visitors in 2023 and 7.7% growth in early 2024 demonstrate how smaller countries can effectively compete in the tourism market.

These comparisons highlight Brazil’s untapped potential and the need for more efficient tourism strategies. The numbers matter because tourism drives significant economic growth across Latin America.

Mexico’s tourism spending reached $17.5 billion in just six months of 2024. Brazil’s challenge lies not in attracting more visitors but in converting its natural advantages into tangible tourism success.

The country’s performance suggests that size and resources alone don’t guarantee tourism leadership – strategic execution and market accessibility play crucial roles.

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