China will be one of the destinations with which exchange of merchandise will grow the most, with its participation in trade with LAC increasing from 1.5% in 1990 to 17% in 2025.
Uruguayan meat is gaining a coveted spot in the Asian giant, generating opportunities not only for meatpacking companies but also for companies in the food and beverage sector processing complementary meat products.
Coffee consumption in the Asian giant is growing at a very fast pace, while several Latin Americans in this country are seizing the opportunity.
Will tequila exports to China catch fire? According to forecasts, it could become the second largest market after the United States.
From 2009 to 2013, China’s olive oil imports grew by 195%. The 8th China-LAC Business Summit will be held in September, organized by the Inter-American Development Bank (IDB) and the China Council for the Promotion of International Trade (CCPIT), providing the perfect opportunity to visit China in the search for clients.
China is increasingly demanding more food products. This is why Latin America and the Caribbean, with favorable conditions for agricultural production, can benefit from this excellent opportunity to market its products in Asia.
Perhaps the most well known element of Chinese culture in the Western world is guanxi, loosely - and incompletely - translated as “personal connections.” Literature in recent decades has emphasized guanxi’s strategic importance when doing business in China but some analysts are beginning to suggest that this importance will wane as China continues to undergo liberalizing economic reforms.
The global pet food market presents an attractive opportunity for Latin American and Caribbean producers. Experts estimate that the sector will continue to grow rapidly, especially in emerging markets.
The Chinese market can be both attractive and daunting for small and medium-sized enterprises deciding to export their products. However, the opportunity of selling goods or services in a market of almost 1.35 billion people should not be missed.
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