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on January 1, 2014

US economy may slow down Mexico and Brazil’s economic growth

The WSJ Americas reports the economists have been reducing their projections of growth for the two leading Latin American economies - Brazil and Mexico - as to adjust them to the shadowy scenario of the U.S. economy.

Mexico is the most fragile given U.S. absorbs 80% of its exports. Brazil is in a more comfortable position, thanks to the wider exports market diversification. The most important destination of the Brazilian exports is the EU and China, while US responds for just 10%.

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