UN Trade and Development (UNCTAD) is in Pernambuco, Brazil discussing economic and export diversification with experts from the country’s top 8 industrial sectors.

Following the launch of the first-ever Economic Complexity Study in March, in collaboration with Brazil’s Port SUAPE and SENAI institute, UN Trade and Development has identified 1,789 products with diversification potential across 20 sectors.

Using cutting-edge economic complexity methodology, this analysis taps into the port's existing capacities and export activities to unveil new opportunities.

Key highlights:
- Identified products' total export potential in monetary terms.
- Top 10 market destinations and their respective shares of export potential.

This initiative is part of a broader collaboration to develop a tailored investment strategy for each sector, enhancing SUAPE's global trade connectivity by identifying international trade routes and accessible markets.

This is one of UN Trade and Development’s many initiatives to pave the way for enhanced economic growth and global trade.

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