Glossary


Terms & Glossaries of Shipping and Trading

ALADI (The Latin American Integration Association)

The Latin American Integration Association (ALADI) is an international association of Latin American countries.

What is ALADI (The Latin American Integration Association)?

The Latin American Integration Association (ALADI) is an international association of Latin American countries. Its function in Latin America is comparable to the function of the former European Economic Community—which has now become embedded in the framework of the European Union—in Europe. The goal of ALADI is to harmonize trade across the member states. There are currently 13 member countries representing a population of more than 500 million people. ALADI has its own commodity classification system similar to the global Harmonized System (HS).