THEIA CONSULTING GROUP
We are a boutique consulting firm specialized in Trade & Investment. With over 9 years of concrete experience in the field, we leverage our deep expertise to discover, analyze, and strategize ideal solutions that fit your goals.
Canada
With a GDP of $2.326 trillion, Canada’s top trading partner is the US. It accounted for 18.6% of all US exports in 2023, amounting to a total of $367.2 billion worth of US goods.
Morocco
From 2014 to 2015, and from 2019 to 2020, Morocco was ranked as the most competitive economy in North Africa. In the 1960s, the Moroccan government implemented plans to stimulate the country’s agricultural sector. Its major trading partner is Spain, exchanging exports worth 9.1 billion euros and imports worth 8 billion euros with Morocco in 2023.
USA
The biggest economy in the world, the GDP of the United States is worth 18.1% of the global economy. In 2023, the US trade of goods was close to $5.1 trillion with Canada, Mexico, and China as its main trade partners.
Chile
Chile has seen robust strong economic growth in recent years, leading to a decline in its poverty rate. The country’s GDP is estimated to have grown by 3.5% in 2023. In the future, Chile is poised for further growth, driven by international copper prices and ongoing fiscal stimuli.
Netherlands
The Netherlands, the 18th largest economy in the world, plays a significant role in the economic stability of Europe. According to the Swiss International Institute, it is also classified as the fifth-most competitive economy globally. The Netherlands’ GDP surpassed 1 trillion euros for the first time in 2023, thanks to its highly-trained workforce and diversified sectors.
Brazil
Brazil, the largest economy in Latin America, is ranked the 12th largest economic powerhouse globally. In 2023, Brazil’s economy grew by 2.9%, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva. The growth was driven by a recovery in consumer spending, exports, and government spending.
UAE
With a GDP of $381.8 billion in 2023, the UAE stands as one of the most open economies globally, fostering a business-friendly environment. Its major trading partners are China, India, and the US. The UAE’s economy is expected to grow by 4.1% in 2024, supported by the recovery in oil prices.
Singapore
Singapore, a major financial hub in the Asian-Pacific region, has one of the most advanced economies in the world. Its economy thrives on electronic and machinery exports, financial services, and tourism. Singapore’s GDP grew by 6.5% in 2023. The growth was driven by the strong performance of the manufacturing, construction, and services sectors.
The United Kingdom
The UK’s economic outlook for 2024 holds promise. Inflation, which has eased from its peak, is expected to gradually stabilize. While GDP experienced a temporary contraction, there are indications of resilience and potential for recovery. The OECD forecasts that the UK’s GDP will grow by 0.7% in 2024, with more robust growth anticipated from 2025 onwards.
Mexico
Mexico’s economy holds promise due to its proximity to U.S. markets and favorable investment conditions under the United States-Mexico-Canada USMCA agreement. They are the 12th largest economy in the world with a GDP figure of $1.811 trillion, while expected to grow at a rate of 3.2% in 2024.
Colombia
Colombia’s economy is projected to grow by 2.0% in 2024, with private consumption expected to increase at a rate of 2.2%. Fixed investment, which was negative in 2023, is anticipated to rebound to 6.2% in 2025. The long-term trend suggests that Colombia’s GDP is projected to reach around $364.90 billion in 2025 and $376.21 billion in 2026
Peru
Peru’s economy is projected to grow by 2.6% in 2023 and 2.9% in 2024. This growth is mainly driven by higher mining production, increased exports, and a gradual recovery in tourism. They currently have the 47th largest economy in the world.
Argentina
After an economic slowdown in 2022, GDP is expected to contract by 1.6% in 2023, followed by a modest recovery of 1.1% in 2024. Although 2023 saw a slowdown to 0.5%, the outlook for 2024 is more optimistic, with a projected growth rate of 1.8%. They currently are the 24th largest economy in the world.
Japan
GDP expected growth by 1.2% for 2024.
India
GDP is on track to increase by 6.4% 2024.
China
GDP is expected to grow by 5% in 2024.