News

Brazilian textile companies eye opportunities in Argentina

11/06/2007


A number of Brazilian textile companies are looking to move to or expand their presence in Argentina.

As Argentina’s main international trade partner, Brazil is currently the largest investor in Argentina’s textile sector and over the last four years numerous textile and apparel factories have been either bought or built by Brazilian producers in the country. A recent study revealed that Brazil exports 47.8% of its goods to Argentina and imports 29% of Argentina’s total exports.

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