Why is it so hard for LATAM SMEs to export?

Mar 29, 2024

Eugenio Reyes, member of the WTCA board, participated in the MSME dialogue of the Americas sharing the best practices of mexican SBDC expansion.

Is it not true that 97% of all exporting units are SMEs. Right, but, in USD terms, they are collectively less than 10% of the total export value.

In the USA, less than 1% of companies are currently exporting. SMEs in LATAM are not the same. Due to the size and vulnerability of their economies, they share a different mandate.

How can they fulfill their need to export? Companies such as UPS, FedEx , DHL could certainly pitch in and quote accordingly.