McKinsey maps US-Latin America trade corridor opportunities

McKinsey has published a research report analyzing the US–Latin America trade corridor and proposing an integrated ecosystem to scale Latino-owned businesses and corridor value creation.

• The report estimates that systematically addressing barriers could add $170 billion to $295 billion in incremental trade over the next ten years, expanding corridor growth by 18 percent and creating up to $2 trillion in cumulative added trade over the next decade.
• It argues for five levers: capital, market access, institutional coordination, commercialization, and ownership/reinvestment; examples cited include Nopalera, Quirch Foods, Félix Pago, Source Logistics, and Laredo as corridor-linked businesses and hubs.