Coordinated by the Foreign Ministry, eight companies participated in a leading food industry fair in one of the Brazilian states with the highest economic wellbeing, part of efforts to expand exports to the neighboring country.

Argentine food companies participated in Exposuper 2014, a fair specialized in products, equipment and services for supermarkets and grocery stores, held June 3-5, in Joinville, Brazil. The fair, which featured over 200 local and international companies with close to 30,000 public visitors, was organized by the Supermarket Association of Santa Catarina (ACATS for its acronym in Portuguese), the Brazilian state with the highest economic well-being, over the period 2002-2008, according to the Index of Economic Well-Being produced by local universities.

With over 30mn hectares of cultivated land, Argentina is one of the top eight food producers worldwide and is estimated to produce food for 400 million people, ten times the country’s local population. In 2013, agri-food exports were close to US$50bn, of which just over US$30nn correspond to manufactures of agricultural origin, or products with higher added value.

The Foreign Ministry’s support of the eight wine and fishing companies that travelled to Brazil to be part of Exposuper 2014 resulted in 120 business contacts with representatives of leading supermarkets in the state of Santa Catarina, which led to requests for quotes with high chances of closing business in the medium term.

The participation of Argentine companies in these events contributes to strengthening the export potential in agri-food and reaffirms the strong economic ties with Brazil, Argentina’s largest trading partner country.

Date: June 7, 2014

Source: http://www.inversiones.gov.ar/en/food-companies-seek-bolster-exports-brazil-exposuper-2014