Supply Chain Research

Venezuela’s suspension from the Mercosur trade area may happen within the next two weeks following accusations that it has not implemented the required legislation. It is not yet clear whether this will mean tariff hikes by members Argentina, Brazil, Paraguay and Uruguay or simply disbarment from common external dealmaking. Yet, it is still something the country can ill afford. Panjiva analysis of trade with five countries shows total trade was down 12% on a year earlier in September, while imports from Brazil were 58% lower and exports to Brazil slumped 35% in the three months to Octobe...