Buyer’s Project to be held next week with the participation of five guests and twelve companies
In an initiative of Sindmóveis International Committee of Bento Gonçalves aimed exclusively to its member companies, the association will hold from September 29 to October 3, a Buyer’s Project with the participation of Bolivian importers. Five buyers of furniture from Cochabamba, La Paz and Santa Cruz de La Sierra were invited to business meetings and visits to the factories of the furniture center. They imported furniture worth approximately US$ 4.5 million in 2013.
This event is the result of a series of studies that the committee has been carrying out in order to identify new markets for the furniture center. Exports by the furniture industry in Bento Gonçalves have been declining since last year. In the first half of 2014, it fell by 2.7% compared to the same period last year. Altogether, twelve companies have signed up to participate in the project.
Bolivia is one of the countries with the highest economic growth in recent years in that region and will have the second largest GDP growth in Latin America and the Caribbean in 2014, according to ECLAC data. In a scenario with an average growth of 2.2% this year for the region, the country is expected to grow 5.5%, second only to Panama. Moreover, in recent years, it has been one of the most dynamic markets for Brazilian furniture with consecutive growth. In the first half of 2014, it was the sixth largest destination for furniture exporters from Brazil, with imports worth US$ 18.2 million and an increase of 23.2% over the same period in 2013.
Sindmóveis International Committee holds regular meetings in order to provide member companies with tools to enter new markets abroad. Last year, the association
