The Latin American RAC market scale in the first half of 2021 is estimated to have increased by 9.1% year on year. According to data from China Customs, RAC exports from China to Latin America over the period spanning January to May 2021 increased by more than 50% compared with the same period in 2020. On the other hand, the PAC market showed a slight year-on-year decrease in the first half of 2021.