Building Brazil's new Global Trade Hub through ecommerce, digital payments, ecommerce logistics
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The Brazil Trade (BT) Facilitation Program funded by the UK Foreign and Commonwealth Office (FCO) through the Prosperity Fund aims to help Brazil increase trade, especially exports from micro-, small- and medium-sized enterprises (MSMEs), creating jobs for women and men and driving economic growth that supports inclusion, women’s economic opportunities and poverty reduction in the country.
Nextrade first developed survey-based predictive analytics to identify the types of Brazilian firms that are most poised to succeed exporting through ecommerce. Nextrade then recruited and selected the 200 Brazilian firms for a pilot to export using ecommerce especially to South American markets (with the support of eCommerce Institute), and to onboard eBay (with the support of e-traid gmbh) and reach especially U.S.-based buyers. Nextrade also brought DHL and Mastercard to support the Hub development. Nextrade then extracted lessons-learned from the pilot and developed seven specific solutions for the Brazil Global Trade Hub, a join initiative between UK and the Brazilian export promotion agency APEX, Brazil’s leading industry group CNI, and SME agency SEBRAE to enable Brazilian MSMEs to access ecommerce export capacity-building and services via the online platform.
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