South America Market scanning

You are planning to enter the South America market, you need to make sure you know its everything in advance. Then, a South America Market Scanning and Research is highly recommended.

South America Economic potentials

South America economic potentials are undeniable. According to the projections released by the United Nations organization, South America is seen contracting by -7.3% in 2020 and growing by 3.7% in 2021, it’s really a good sign for economic growth this time.

The economy of South America is increasingly characterized by high growth rates, abundance of commodities and resources, increasing stability, and growing populations, as such, it opens up various opportunities to your business.

South America’s growing industries

As shown by our works on this market, the current growing industries in this area include Agriculture, Animal Husbandry, Mining, Oil and Gas and Tourism as well. Of which:

Agriculture

As one of the most important contributors of the world’s agricultural market, South America accounts for approximately 10% of the global agricultural product export, of which:

• Brazil is the world’s largest coffee exporter, the largest producer of sugarcane, soy, coffee, orange, guarana, açaí and Brazil nut;
• Argentina is one of the world’s 5 largest producers of soy, maize, sunflower seed, lemon and pear;
• Chile is one of the world’s 5 largest producers of cherry and cranberry;
• Colombia is one of the world’s 5 largest producers of coffee, avocado and palm oil;

Animal husbandry

• Its Brazil is the world’s largest exporter of chicken meat;
• Its Argentina was the 4th largest producer of beef in the world in 2018;

Industry

• According to the 2019 list, Brazil has the thirteenth most valuable industry in the world while Venezuela ranks the thirtieth largest and Argentina ranks the 31st largest.

Mining

• Chile contributes about a third of the world copper production.
• In 2018, Peru was the 2nd largest producer of silver and copper in the world, and the 6th largest producer of gold.
• Brazil is the second largest global iron ore exporter.
• Bolivia is the 5th largest producer of tin, the 7th largest producer of silver, and the 8th largest producer of zinc in the world.

Oil and Gas

• Brazil was the 10th largest oil producer in the world in 2019
• Venezuela was the 21st largest.

Tourism

• In 2018, Argentina was the 47th most visited country, Brazil ranked the 48th, etc.

So, it can be seen that you have various opportunities to start or extend your business in South America.

South America Market Research and Scanning

AFA has invested many years in South America, immersed in market research endeavors that help our clients understand changing markets and bridge cultural divides that facilitate successful investment ventures.

Carrying out a South America market research before entering the area of over 430 million people is key to your success. And we can make it easier for you.

We have invested many years in South America, immersed in market researches to help our clients understand changing markets and bridge cultural divides that facilitate successful investment ventures. 

Our South America Market Research service focuses on: 

• consumer behavior,
• market sizing,
• competitive intelligence,
• product development.
• and more.

We provide everything you need to make better business decisions, and save time and

money.  If you need advice, or if you want to work with us, feel free to contact us.