Although Chile is considered the market with the most favorable environment for business, only two out of ten Spanish corporations consider it a priority and focus their efforts in Brazil, Mexico and Argentina.
According to the Spanish insurer Credito y Caucion one of the reasons for this relegation can be tracked to market size, described as "relatively small".
Not surprisingly among those Spanish corporations with interests in Latinamerica, Brazil is the "maximum priority"; 69% according to the poll.
The report under the heading of "A complex panorama: investment and trade in Latinamerica", points out that Mexico and Argentina with 48% and 40% respectively complete the priority list for corporations with interests in the region.
A chapter from the report reveals that half of the 300 corporations surveyed at world level said the Latinamerican investment option was geared mainly because of the significant slowdown of developed countries markets.
Besides 61% of corporations interviewed expect sales to in the region to increase at an annual average above 6% until 2011, and 59% believe profits will follow "a similar tendency."
Mercopress