International trade
International trade allows countries to grow beyond the capacity of their domestic markets and allow them to facilitate the flow of goods, services, and technologies that otherwise may not have been possible. The importance of international trade has grown significantly over the past decades as countries become more inter-connected. The International Trade and Integration Division of ECLAC conducts various quantitative and qualitative works aimed at strengthening the international trade agreements and policies in the region. Some of the works include studies and publications of reports regarding the region’s foreign trade and supply chain. In addition, the division also hosts various seminars and courses in promoting exports of goods and services.
Activities
An Introduction To CGE Modeling focus upon trade and tax policy
An Introduction to CGE Modeling is designed to introduce fundamental concepts and practices of tax and trade policy assessment. The primary tool used is Computable General Equilibrium (CGE) modelling. The workshop will be a brief introduction to the practice of economic impact analysis, and a presentation of how CGE models are used to provide evidence-based analysis for Caribbean countries. The presentations will explain standard economic theory behind general equilibrium and will provide examples of CGE applications for tax policy and international trade analysis.
News
United States-Latin America and the Caribbean Trade Developments: trade patterns and opportunities in the Caribbean
This special issue of United States-Latin America and the Caribbean Trade Developments provides an overview of trade relations between the United States and the Caribbean for the period 2021–2024.
United States-Latin America and the Caribbean Trade Developments 2025
In 2024, Latin America and the Caribbean accounted for 19.2% of total United States trade, similar to the level recorded in 2023. The region’s share of total United States trade in goods, 23.2%, surpassed pre-pandemic levels.
It is in Latin America and the Caribbean’s Best Interest to Strengthen Economic and Cooperative Relations with India to Boost Growth and Enhance Development
In an international seminar organized by ECLAC, experts exchanged their analytical perspectives and held a strategic dialogue to advance toward a shared roadmap.
Given the United States’ New Tariff Policy, Latin American and Caribbean Countries Should Diversify their Trade Relations and Strengthen Regional Integration
According to ECLAC’s latest annual report on international trade, the region’s countries face, on average, lower tariffs in the United States than several of that country’s main trading partners, which opens up some opportunities for expanding their market share.
Video
Contact
División Comercio internacional e integración
- comercio@cepal.org