Textile and apparel sector stands out in the Brazil-Argentina trade mission
Partnership between ABIT, Apex-Brazil and Investe São Paulo plans to take companies to strengthen business relations with the neighboring countryInveste São Paulo
The Brazilian Textile and Apparel Industry Association (Abit) joins efforts with Investe São Paulo in the trade mission promoted by Investe SP in Argentina, on November 2-4, in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brazil).
Abit plans to take up to 30 companies to strengthen the business relations with the neighboring country. It will select among the participants of Texbrasil, Brazilian Fashion Industry Internationalization Program, which is promoted by the association in partnership with Apex-Brazil.
According to the president of Investe São Paulo, Juan Quirós, the joint efforts of Investe SP and ABIT will bring significant results in terms of trade for the companies in the state of São Paulo.
“The state of São Paulo is the main producer and employer in the textile industry in Brazil. This approach with Argentina, Brazil’s biggest trading partner, will be very important for the business recovery and expansion of this market in the state,” said Juan Quirós.
“Argentina is the main destination of our sector, accounting for 23% of the total exports from Brazil last year. Thus, it is essential that we develop joint efforts to expand bilateral trade between our countries, allowing for the recovery of the Brazilian share in this important market, which has been partly replaced by Asian products over the past few years. Also, we have a window of opportunity, since the Argentine and Brazilian governments experience a scenario of greater dynamism and integration,” says the president of ABIT, Rafael Cervone.
The trade mission to Argentina has been brought forward and will now be held from November 2 to 4. Companies from São Paulo from any economic sector were supposed to register in order to participate.
Investe SP should take approximately 50 companies to Argentina. Investe SP already promotes consultations with Argentine buyers to define the potentials. The mission is similar to the ones successfully promoted to Colombia and Peru, always in partnership with Apex-Brazil, and that have already resulted in good business for the participating entrepreneurs.
Over 100 companies have registered in order to participate in the selection of the mission. “Many of these entrepreneurs have even participated in the last mission promoted to Colombia and Peru – which shows that the work developed by Investe SP team has been well evaluated and achieved good results,” said Quirós.
Texbrasil, the Brazilian Fashion Industry Internationalization Program, was created in 2000 by Abit in partnership with Apex-Brazil, to provide support and prepare companies in the textile and apparel industries interested in selling their products in other countries. Since its debut, over 1,200 companies have used the services of the Program, including meeting with international buyers and journalists, participation in fairs and events around the world, training actions in innovation, sustainability and design, market research and surveys.