Latin America News & Analysis

Latin America

Russia’s trade with Latin America is characterized by a strategic pivot, focusing on key sectors like food security (wheat, seafood) and energy, despite sanctions complicating payments, with Chile, Brazil, Argentina, and Mexico as major partners, while Latin America seeks diversification away from U.S. dependency, creating a complex dynamic of growing cooperation in specific areas (like food) alongside energy market shifts. Track Russia’s growing business ties with Latin America. Analysis of trade agreements, investment flows, and market expansion opportunities for companies engaged in Russia-LatAm regional commerce.

Featured September 23, 2026

Russia’s Trade With The Global South Hits US$299 Billion In H1 2026: Country By Country Analysis  

Russia’s trade with the Global South and ‘friendly’ countries now accounts for 85% of its total, reaching about US$299 billion in H1 2026. The West provides just 15% of Russia’s economic trade and continues to decline. We examine the main Global South trade partners in all regions, and provide the latest H1 2026 trade data. There are some surprising results for those who assume Russia only trades oil with China and India. The non-energy sector on a worldwide basis is increasingly dominant as Global South trade volumes continue a Russian growth trajectory.

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Featured September 22, 2026

Russian EV Scooter Operator Expands Presence In Brazil

Russia’s E-Scooter Service ‘Whoosh’ has begun operations in two more cities in Brazil – Curitiba and Campos do Jordao. This brings the number of cities supplied by Whoosh in Brazil to seven. Whoosh has over 15,000 e-scooters in the country and is expanding elsewhere in Latin America.

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September 21, 2026

2026 WorldFood Moscow, St. Petersburg Global Fishery Forum & Seafood Expo: Russia Builds A New Food and Fisheries Trade Network Across Asia, Africa, Latin America, and the Global South

The WorldFood and Russian Sea Food Expos have been taking place in Moscow and St. Petersburg with significant trade delegations attending from China, India, ASEAN, Brazil, Egypt and the Middle East as well as most of the Global South nations. We discuss in considerable detail how Russia’s agricultural trade is interacting with these international markets in both exports and imports, within an industrial sector whose output is measured in the trillions of dollars.

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September 16, 2026

The New Development Bank’s New Investment Platform: Revolutionizing BRICS Payments and Investments

The (BRICS) New Development Bank has been given a new strategic focus with its New Investment Platform giving it a far more significant role in trade development and investment. This has flown somewhat under the radar and been little commented on – however the implications are substantial. It will significantly improve BRICS trade and investment as well as change global trade flows. We explain the NDB’s New Investment Platform, what it includes, how it works and the impact on project financing and future trade.

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September 15, 2026

The 2026 BRICS Summit: The New Delhi Declaration,  50-Plus Outcomes, Results, & Deep Dive Analysis

The BRICS 2026 Summit in New Delhi has concluded, resulting in a unanimous, 100 point ‘Delhi Declaration’, and over 50 planned initiatives. With BRICS now responsible for nearly 40% of global GDP and 25% of global exports, what these documents contain matters. We deep dive the results and provide analysis of what BRICS 2026 achieved, the development path ahead and the implications for global trade.

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September 12, 2026

2026 BRICS Summit And President Putin’s India Visit: What To Expect

The 2026 BRICS Heads of State Summit begins on Saturday, September 12, with India hosting in New Delhi. The summit brings together an enlarged 11-member BRICS at a time of geopolitical conflict, energy disruption, trade tensions and renewed concern about the resilience of global supply chains. Representing about 49% of the world’s population, 40% of global GDP and nearly 26% of world trade, we deep dive the event, examine what to look out for, opportunities to develop, problems to overcome, and the longer term implications for world trade.

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September 11, 2026

Russian Shipments Of Aluminium To Brazil Increase Nearly 190%

Russian exports to aluminium to Brazil have risen 190% as US import tariffs of 50% on the imported metal have created a glut on the market, and a global decline in prices. Major producers such as Rusal are looking to offload inventory amongst increased global aluminium supply competition.

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August 30, 2026

Russian, Brazilian Foreign Ministers Hold Discussions: Details & Analysis

The Russian and Brazilian Foreign Ministers have spoken by phone ahead of their respective Presidents meeting in two weeks time in India. We look at the preparations for that, as well as the latest in bilateral trade, which has been growing at 6.6% during 2026. Problem solving and overcoming trade obstacles is a part of the Foreign Ministerial remit and we look at how Sergey Lavrov and Mauro Vieira have been dealing with bilateral trade difficulties – and opportunities.

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