Latin America is emerging as a strategic hub, supported by resource abundance and deeper integration into global supply chains. The US tariff war is redirecting Chinese electric vehicle (EV) and renewable investments from the US to Latin America. US tariff rollbacks are bolstering agribusiness, and tariff exemptions are sustaining lithium demand. Combined with nearshoring and the growth of high-value-added sectors, the region will rapidly expand its export base.

In the near term, Latin America’s growth is expected to slow slightly from 2.4% in 2025 to 2.1% in 2026 due to US tariffs and trade uncertainties impacting exports, especially in Brazil and Mexico. Easing inflation across the region will support interest rate cuts, buoying consumption and investments. Long-term growth in Latin America will be driven by policy support and investments in digital infrastructure, EVs, critical mineral mining, and green hydrogen.

This analysis delivers strategic analytics into the region’s key growth drivers and restraints through 2032. It outlines US tariff impacts, growing industries, and economic megatrends across the region, equipping leaders to position investments and capture long-term opportunities.

• How are countries like Mexico, Brazil, Chile, and Argentina poised for growth?
• In what ways will regional macroeconomic megatrends and key growth opportunities redefine the future potential of the Latin American region?
• Which policy initiatives and investments will impact the growth of industries like agribusiness, low-carbon mobility, lithium mining, and renewable energy?