Latam’s Main Furniture Fair Opens in Brazil

Brazzil Magazine covers

Thirty foreign buyers from Latin America, Europe and the Middle East are participating in the 24th edition of the International Trade Fair for Furniture Exports and Sales (Fenavem), which began yesterday, August 1st and is going on up to Friday, August 5, in São Paulo, Brazil.

The presence of importers is part of the Buyer Project, for the incentive to Brazilian exports, organized by the Brazilian Export Promotion Agency (Apex).


Brazilian furniture exports presented a 19% increase in the first half, in relation to the same period last year. In 2004, the furniture sector exported US$ 940.5 million, representing a 42% increase over the sales of the previous year.


According to the event organization, the furniture sector includes over 32,000 companies from Brazil, of which 96% are micro and small companies and generate 450,000 jobs.


There are currently around 800 Brazilian companies exporting and the sector is responsible for 1% of the country Gross Domestic Product (GDP).


The event opening ceremony at the Anhembi Exhibition Pavilion, had the presence of the Brazil’s Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, of the president of the Federation of Industries of the State of São Paulo (Fiesp), Paulo Skaf, and of the president of the Brazilian Furniture Industry Association (Abimóvel), Domingos Rigoni. The Fenavem is considered the main fair in the furniture sector in Latin America.


Anba

Tags:

You May Also Like

Brazzil Magazine covers

Hundreds of Landless Smash Windows and Invade Brazilian Congress

A group of around 300 Brazilian landless peasants broke into the congressional building in ...

Brazzil Magazine covers

Brazilians and Chinese Find Out How Tasty Brazil’s Coffee Is

Brazil is the world’s second largest consumer market for coffee. Last year, Brazilians drank ...

Brazzil Magazine covers

A Portrait in Contrast

A new United Nations study shows that it is enough for someone to leave ...

Brazzil Magazine covers

Brazil’s Windy City Gets LatAm’s Largest Aeolian Power Plant

The municipality of Osório, in southern Brazil, will possess the largest aeolian (wind power) ...

Brazzil Magazine covers

US Commerce Secretary Decries Hostile Business Environment in Brazil

According to U.S. Commerce Secretary, Carlos Gutierrez, a general agreement on global trade liberalization ...

Brazzil Magazine covers

LETTERS

If Lula is not elected, then chances of profound reform will be postponed yet ...