Building Brazil's new Global Trade Hub through ecommerce, finance, logistics
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 is part of the consortium led by Palladium to build the Global Trade Hub. In Nextrade in 2020, developed diagnostics with Brazilain MSMEs and export ecosystems to orient the Program's approach. We then developed one of three pilots for the Global Trade Hub, focused on creating a B2C ecommerce module for the Hub. The pilot is engaged 200 carefully selected Brazilian MSMEs to engage in pilot training to export using ecommerce especially to South American markets, and to onboard eBay, to reach especially U.S.-based buyers. Subsequent pilots in 2021 will engage innovative finance and logistics providers to power export-driven MSMEs.