IBOV 174,041.95 ▼ 1.52% IPSA 10,950.74 ▲ 0.31% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,283,854 ▼ 1.07% COLCAP 2,274.53 ▼ 0.38% BVL PERÚ 58,287.01 — — USD/BRL5.09▲ 0.06% USD/MXN17.44▼ 0.27% USD/CLP 948.45 — 0.00% USD/COP3,216▼ 0.05% USD/PEN3.40▼ 0.15% USD/ARS1,496▼ 0.03% USD/UYU40.14▲ 1.06% USD/PYG6,022▲ 1.17% USD/BOB11.18▲ 2.82% USD/DOP58.00▲ 0.80% USD/CRC449.17▲ 1.55% USD/GTQ7.63▲ 2.09% USD/HNL26.75▲ 1.31% USD/NIO 36.62 — 0.00% USD/VES740.37▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.08% USD/TTD6.71▲ 0.68% EUR/BRL5.80▲ 0.12% BRENT 92.67 ▼ 4.25% WTI 85.22 ▼ 4.58% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.68% GOLD 4,102 ▲ 0.85% SILVER 59.89 ▲ 2.10% SOY 1,241 ▼ 0.58% CORN 482.00 ▲ 3.82% WHEAT 676.75 ▼ 0.18% COFFEE 298.25 ▼ 3.60% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 79.89 ▲ 0.06% COCOA 5,467 ▲ 3.13% BEEF 222.50 ▼ 1.29% CATTLE 341.45 ▼ 0.68% LITHIUM 67.81 ▼ 1.75% PETR4 42.21 ▼ 1.72% VALE3 75.24 ▼ 0.58% ITUB4 42.10 ▼ 1.08% BBDC4 18.48 ▼ 1.28% ABEV3 15.64 ▼ 1.76% BBAS3 20.35 ▼ 2.77% B3SA3 15.44 ▼ 1.34% WEGE3 45.99 ▲ 0.70% PRIO3 58.82 ▼ 2.84% SUZB3 41.84 ▼ 1.39% RENT3 36.89 ▼ 0.67% AZZA3 16.65 ▼ 2.35% CSAN3 3.80 ▼ 2.56% RAIZ4 0.26 ▼ 3.70% PCAR3 2.79 ▼ 2.79% GMAT3 3.79 ▼ 2.07% PSSA3 54.78 ▼ 0.72% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.64 ▼ 0.94% NATU3 8.38 ▼ 2.10% BRKM5 6.10 ▼ 1.13% RANI3 7.95 ▲ 0.25% CSNA3 5.36 ▲ 1.13% CMIN3 5.69 ▼ 2.40% USIM5 8.48 ▼ 0.12% GGBR4 24.26 ▲ 0.83% ENEV3 24.90 ▼ 3.11% CPFE3 45.09 ▼ 2.44% CMIG4 10.98 ▼ 1.88% EQTL3 38.34 ▼ 1.74% LREN3 13.27 ▼ 0.75% VIVT3 35.47 ▲ 2.22% RAIL3 13.57 ▼ 2.79% KLABIN 17.52 ▼ 0.79% RAIA DROGASIL 17.98 ▼ 1.15% RDOR3 33.38 ▼ 0.86% HAPV3 9.92 ▼ 5.25% FLRY3 16.26 ▼ 1.93% SMTO3 15.05 ▼ 4.20% UGPA3 32.71 ▼ 2.04% VBBR3 35.10 ▼ 1.40% BBSE3 41.49 ▼ 2.15% BPAC11 54.67 ▼ 2.90% CURY3 29.35 ▼ 0.91% AERI3 2.04 ▲ 0.99% VIVARA 21.42 ▼ 0.14% COMPASS 24.76 ▼ 1.28% VAMOS 3.15 ▼ 1.87% SANB11 26.34 ▼ 1.09% ASAI3 7.85 ▼ 2.12% SBSP3 28.38 ▼ 1.29% WALMEX 48.00 ▲ 1.39% GMEXICO 207.28 ▼ 0.94% FEMSA 221.92 ▼ 0.19% CEMEX 21.18 ▼ 1.40% GFNORTE 193.04 ▲ 2.00% BIMBO 58.26 ▼ 1.39% TELEVISA 9.73 ▼ 0.61% AMX 22.80 ▲ 0.18% GAP 377.44 ▲ 0.26% ASUR 267.99 ▼ 0.69% OMA 226.14 ▼ 0.51% KOF 179.29 ▼ 0.23% GRUMA 268.70 ▼ 0.09% KIMBER 39.70 ▲ 1.10% SQM-B 65,350 ▼ 0.23% COPEC 6,330 ▲ 1.12% BSANTANDER 79.32 ▼ 0.85% FALABELLA 5,990 ▼ 1.12% ENELAM 85.49 ▲ 0.58% CENCOSUD 1,958 ▼ 0.51% CMPC 1,025 ▼ 2.47% BANCO CHILE 193.10 ▲ 1.25% LATAM AIR 23.88 ▲ 1.62% YPF 82,000 ▼ 0.58% GGAL 7,890 ▼ 0.69% PAMPA 5,515 ▼ 2.04% TXAR 675.00 ▼ 0.74% ALUAR 972.00 ▼ 1.07% TGS 9,765 ▼ 2.30% CEPU 2,365 ▼ 2.27% MIRGOR 16,525 ▼ 1.20% COME 42.41 ▼ 0.28% LOMA NEGRA 3,623 ▼ 3.78% BYMA 299.75 ▲ 2.48% TELECOM ARG 4,380 ▲ 1.27% ECOPETROL 16.01 ▼ 1.96% BANCOLOMBIA 86.01 ▼ 0.90% GRUPO AVAL 4.79 ▼ 3.04% CREDICORP 388.77 ▲ 0.29% SOUTHERN COPPER 179.29 ▼ 1.61% BUENAVENTURA 30.91 ▼ 1.31% MERCADOLIBRE 1,801 ▲ 0.15% NUBANK 14.09 ▼ 0.70% XP 16.69 ▼ 0.83% PAGSEGURO 9.20 ▼ 2.75% STONE 10.76 ▼ 2.00% GLOBANT 31.30 ▲ 2.25% TECNOGLASS 45.30 ▲ 3.57% GAP AIRPORT 216.28 ▲ 0.39% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.43 ▼ 0.68% AMX ADR 26.01 ▲ 0.23% FEMSA ADR 127.12 ▲ 0.03% CEMEX ADR 12.06 ▼ 1.63% PETROBRAS ADR 18.77 ▼ 1.21% VALE ADR 14.79 ▼ 0.27% ITAU ADR 8.28 ▼ 0.84% SANTANDER BR 5.30 ▼ 1.21% AMBEV ADR 3.06 — 0.00% CSN 1.08 ▲ 1.89% GERDAU 4.81 ▲ 0.84% LATAM ADR 50.15 ▲ 0.62% BTC 64,983 ▲ 1.04% ETH 1,941 ▲ 3.62% SOL 76.23 ▲ 2.42% XRP 1.10 ▲ 0.65% BNB 572.16 ▲ 0.65% ADA 0.16 ▲ 0.10% DOGE 0.07 ▲ 1.47% AVAX 6.69 ▼ 1.11% LINK 8.78 ▲ 4.81% DOT 0.82 ▲ 0.63% LTC 47.27 ▲ 1.64% BCH 215.06 ▲ 2.60% TRX 0.33 ▲ 0.07% XLM 0.18 ▲ 1.69% HBAR 0.07 ▼ 2.13% NEAR 1.83 ▲ 2.04% ATOM 1.39 ▲ 0.47% AAVE 100.44 ▲ 9.22% SELIC 14.25% EMBRAER 82.50 ▼ 1.08% EMBRAER ADR 64.93 ▼ 0.82% JBS 12.28 ▲ 1.24% JBS BDR 62.04 ▲ 0.36% MBRF3 14.84 ▼ 4.81% MBRFY 2.94 ▼ 0.34% INTER 5.29 ▼ 3.11% EGX 53,418 ▼ 1.06% USD/ZAR16.73▼ 0.61% USD/NGN 1,363 — 0.00% NIKKEI 64,143 ▼ 0.72% CSI300 4,649 ▼ 1.67% HSI 24,963 — 0.00% NIFTY 23,767 ▼ 0.43% KOSPI 6,707 ▲ 0.24% JCI 6,196 ▼ 1.88% USD/JPY163.57▼ 0.17% USD/CNY6.76▼ 0.17% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD1.14▲ 0.37% GBP/USD1.34▲ 0.26% SPX 7,412 ▲ 0.05% DJI 51,947 ▲ 0.46% NDX 28,128 ▼ 1.15% RUT 2,930 ▼ 0.35% TSX 35,369 ▲ 0.50% VIX 18.58 ▼ 0.64% USD/CAD1.41▼ 0.12% US10Y 4.6790 ▼ 0.51% IBOV 174,041.95 ▼ 1.52% IPSA 10,950.74 ▲ 0.31% IPC MEX 66,383.68 ▲ 0.21% MERVAL 3,283,854 ▼ 1.07% COLCAP 2,274.53 ▼ 0.38% BVL PERÚ 58,287.01 — — USD/BRL 5.09 ▲ 0.06% USD/MXN 17.43 ▼ 0.31% USD/CLP 948.45 — 0.00% USD/COP 3,216 ▼ 0.05% USD/PEN 3.40 ▼ 0.18% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.14 ▲ 1.06% USD/PYG 6,022 ▲ 1.17% USD/BOB 11.18 ▲ 2.82% USD/DOP 58.00 ▲ 0.80% USD/CRC 449.17 ▲ 1.55% USD/GTQ 7.63 ▲ 2.09% USD/HNL 26.75 ▲ 1.31% USD/NIO 36.62 — 0.00% USD/VES 740.37 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.08% USD/TTD 6.71 ▲ 0.68% EUR/BRL 5.80 ▲ 0.12% BRENT 92.67 ▼ 4.25% WTI 85.22 ▼ 4.58% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.68% GOLD 4,102 ▲ 0.85% SILVER 59.89 ▲ 2.10% SOY 1,241 ▼ 0.58% CORN 482.00 ▲ 3.82% WHEAT 676.75 ▼ 0.18% COFFEE 298.25 ▼ 3.60% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 79.89 ▲ 0.06% COCOA 5,467 ▲ 3.13% BEEF 222.50 ▼ 1.29% CATTLE 341.45 ▼ 0.68% LITHIUM 67.81 ▼ 1.75% PETR4 42.21 ▼ 1.72% VALE3 75.24 ▼ 0.58% ITUB4 42.10 ▼ 1.08% BBDC4 18.48 ▼ 1.28% ABEV3 15.64 ▼ 1.76% BBAS3 20.35 ▼ 2.77% B3SA3 15.44 ▼ 1.34% WEGE3 45.99 ▲ 0.70% PRIO3 58.82 ▼ 2.84% SUZB3 41.84 ▼ 1.39% RENT3 36.89 ▼ 0.67% AZZA3 16.65 ▼ 2.35% CSAN3 3.80 ▼ 2.56% RAIZ4 0.26 ▼ 3.70% PCAR3 2.79 ▼ 2.79% GMAT3 3.79 ▼ 2.07% PSSA3 54.78 ▼ 0.72% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.64 ▼ 0.94% NATU3 8.38 ▼ 2.10% BRKM5 6.10 ▼ 1.13% RANI3 7.95 ▲ 0.25% CSNA3 5.36 ▲ 1.13% CMIN3 5.69 ▼ 2.40% USIM5 8.48 ▼ 0.12% GGBR4 24.26 ▲ 0.83% ENEV3 24.90 ▼ 3.11% CPFE3 45.09 ▼ 2.44% CMIG4 10.98 ▼ 1.88% EQTL3 38.34 ▼ 1.74% LREN3 13.27 ▼ 0.75% VIVT3 35.47 ▲ 2.22% RAIL3 13.57 ▼ 2.79% KLABIN 17.52 ▼ 0.79% RAIA DROGASIL 17.98 ▼ 1.15% RDOR3 33.38 ▼ 0.86% HAPV3 9.92 ▼ 5.25% FLRY3 16.26 ▼ 1.93% SMTO3 15.05 ▼ 4.20% UGPA3 32.71 ▼ 2.04% VBBR3 35.10 ▼ 1.40% BBSE3 41.49 ▼ 2.15% BPAC11 54.67 ▼ 2.90% CURY3 29.35 ▼ 0.91% AERI3 2.04 ▲ 0.99% VIVARA 21.42 ▼ 0.14% COMPASS 24.76 ▼ 1.28% VAMOS 3.15 ▼ 1.87% SANB11 26.34 ▼ 1.09% ASAI3 7.85 ▼ 2.12% SBSP3 28.38 ▼ 1.29% WALMEX 48.00 ▲ 1.39% GMEXICO 207.28 ▼ 0.94% FEMSA 221.92 ▼ 0.19% CEMEX 21.18 ▼ 1.40% GFNORTE 193.04 ▲ 2.00% BIMBO 58.26 ▼ 1.39% TELEVISA 9.73 ▼ 0.61% AMX 22.80 ▲ 0.18% GAP 377.44 ▲ 0.26% ASUR 267.99 ▼ 0.69% OMA 226.14 ▼ 0.51% KOF 179.29 ▼ 0.23% GRUMA 268.70 ▼ 0.09% KIMBER 39.70 ▲ 1.10% SQM-B 65,350 ▼ 0.23% COPEC 6,330 ▲ 1.12% BSANTANDER 79.32 ▼ 0.85% FALABELLA 5,990 ▼ 1.12% ENELAM 85.49 ▲ 0.58% CENCOSUD 1,958 ▼ 0.51% CMPC 1,025 ▼ 2.47% BANCO CHILE 193.10 ▲ 1.25% LATAM AIR 23.88 ▲ 1.62% YPF 82,000 ▼ 0.58% GGAL 7,890 ▼ 0.69% PAMPA 5,515 ▼ 2.04% TXAR 675.00 ▼ 0.74% ALUAR 972.00 ▼ 1.07% TGS 9,765 ▼ 2.30% CEPU 2,365 ▼ 2.27% MIRGOR 16,525 ▼ 1.20% COME 42.41 ▼ 0.28% LOMA NEGRA 3,623 ▼ 3.78% BYMA 299.75 ▲ 2.48% TELECOM ARG 4,380 ▲ 1.27% ECOPETROL 16.01 ▼ 1.96% BANCOLOMBIA 86.01 ▼ 0.90% GRUPO AVAL 4.79 ▼ 3.04% CREDICORP 388.77 ▲ 0.29% SOUTHERN COPPER 179.29 ▼ 1.61% BUENAVENTURA 30.91 ▼ 1.31% MERCADOLIBRE 1,801 ▲ 0.15% NUBANK 14.09 ▼ 0.70% XP 16.69 ▼ 0.83% PAGSEGURO 9.20 ▼ 2.75% STONE 10.76 ▼ 2.00% GLOBANT 31.30 ▲ 2.25% TECNOGLASS 45.30 ▲ 3.57% GAP AIRPORT 216.28 ▲ 0.39% ASUR 267.99 ▼ 0.69% OMA AIRPORT 103.43 ▼ 0.68% AMX ADR 26.01 ▲ 0.23% FEMSA ADR 127.12 ▲ 0.03% CEMEX ADR 12.06 ▼ 1.63% PETROBRAS ADR 18.77 ▼ 1.21% VALE ADR 14.79 ▼ 0.27% ITAU ADR 8.28 ▼ 0.84% SANTANDER BR 5.30 ▼ 1.21% AMBEV ADR 3.06 — 0.00% CSN 1.08 ▲ 1.89% GERDAU 4.81 ▲ 0.84% LATAM ADR 50.15 ▲ 0.62% BTC 64,983 ▲ 1.04% ETH 1,941 ▲ 3.62% SOL 76.23 ▲ 2.42% XRP 1.10 ▲ 0.65% BNB 572.16 ▲ 0.65% ADA 0.16 ▲ 0.10% DOGE 0.07 ▲ 1.47% AVAX 6.69 ▼ 1.11% LINK 8.78 ▲ 4.81% DOT 0.82 ▲ 0.63% LTC 47.27 ▲ 1.64% BCH 215.06 ▲ 2.60% TRX 0.33 ▲ 0.07% XLM 0.18 ▲ 1.69% HBAR 0.07 ▼ 2.13% NEAR 1.83 ▲ 2.04% ATOM 1.39 ▲ 0.47% AAVE 100.44 ▲ 9.22% SELIC 14.25% EMBRAER 82.50 ▼ 1.08% EMBRAER ADR 64.93 ▼ 0.82% JBS 12.28 ▲ 1.24% JBS BDR 62.04 ▲ 0.36% MBRF3 14.84 ▼ 4.81% MBRFY 2.94 ▼ 0.34% INTER 5.29 ▼ 3.11% EGX 53,418 ▼ 1.06% USD/ZAR 16.73 ▼ 0.53% USD/NGN 1,363 — 0.00% NIKKEI 64,143 ▼ 0.72% CSI300 4,649 ▼ 1.67% HSI 24,963 — 0.00% NIFTY 23,767 ▼ 0.43% KOSPI 6,707 ▲ 0.24% JCI 6,196 ▼ 1.88% USD/JPY 163.55 ▼ 0.15% USD/CNY 6.7609 ▼ 0.16% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD 1.1409 ▲ 0.30% GBP/USD 1.3355 ▲ 0.27% SPX 7,412 ▲ 0.05% DJI 51,947 ▲ 0.46% NDX 28,128 ▼ 1.15% RUT 2,930 ▼ 0.35% TSX 35,369 ▲ 0.50% VIX 18.58 ▼ 0.64% USD/CAD 1.4073 ▼ 0.13% US10Y 4.6790 ▼ 0.51%
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Monday, July 27, 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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