The Council of the Americas Trade Advisory Group consists of representatives from Council members and invited experts who educate and advocate on behalf of open markets and trade facilitation in the Americas. Group members share international trade experience and a common commitment to trade policy as a tool for economic development. The Trade Advisory Group strongly advocated in support of the U.S.-Colombia and U.S.-Panama Trade Promotion Agreements, as well as supporting the Trans-Pacific Partnership negotiations, and it promotes strategic thinking about the broader hemispheric trade agenda.

In January 2009, the Trade Advisory Group released a major report, Building the Hemispheric Growth Agenda: A New Framework for Policy, detailing specific ways to reignite trade and integration with Latin America, even during troubled economic times.