It is no secret that much of the economic performance of Latin American countries depends on the performance of its major trading partners, which tend to be the developed economies, led by the U.S., writes Santiago Jaramillo in ACR Latino America, a leading trade publication in the HVAC/R and building automation sector.
While recovery in the U.S. is muted, prospects for Latin America’s HVAC/R sector look bright, based on trends in trade data on exports of compressors (components of air conditioning and refrigeration systems) provided to ACR by Datamyne. In 2010, Mexico increased exports of compressors by 24% as measured by value; Brazil’s increase exceeded 25%, Argentina was 14%, and Colombia achieved a 49% increase.
Read the full article in ACR Latino America [in Spanish] here.