Brazil Partners with DMC for Nearshoring Show

With massive infrastructure and manufacturing investments, Brazil is poised to be a major resource for North American importers

Brazil, the largest country in Latin America and one with along history as a resource for North American companies looking to source both apparel and home, is teaming up with the Dallas Market Center for the Nearshoring America Expo this December.

In June, Cindy Morris, Dallas Market Center CEO, and Pablo Protasio, executive director of the Brazilian Chamber of Commerce, Industry and Services (CISBRA), signed an agreement to collaborate on trade promotion and to develop a trade mission for Nearshoring America.

"Our goal is to connect qualified exporters in Brazil with large-scale importers in the U.S. to establish supply alternatives that make their supply chains more competitive, sustainable, resilient and culturally and environmentally friendly," said John Cuttino, CISBRA's director of international business.

Collaborating with Dallas is aimed at engaging Brazilian companies as Nearshoring America exhibitors and potential suppliers to U.S. importers in men's, women's and children's apparel, footwear, furniture, country/western apparel and accessories, gifts, souvenirs, lighting and interior design. 

"We are thrilled to be part of Brazil’s internationalization agenda as it prepares to host the G20 Summit in November," said Morris. "Our partnership with CISBRA aims to create abridge for Brazilian manufacturers, facilitating immediate connections and trade channels into the U.S. wholesale market."

Brazil has embarked upon a number of initiatives designed to make the country a key player in the international sourcing picture, particularly for the manufacturing of consumer products. Through a series of forward-thinking policies and substantial infrastructure investments, Brazil is attracting foreign investment, improving its logistics network and creating a business-friendly environment. These efforts are poised to transform the country into a manufacturing hub for industries like furniture, lighting, home décor, fashion accessories and apparel.

Key policies supporting Brazil as an alternative for manufacturing include tax incentives and industrial policies for manufacturers, investment in infrastructure, trade policies and industry ambitions to enter new markets. The Reintegra Program, for instance,  reduces the financial burden on manufacturers by allowing exporters to recover a portion of the taxes paid during production, effectively lowering the cost of manufactured goods. Additionally, the Special Regime for Drawback enables companies to import raw materials and components tax-free, provided the final product is exported. This policy significantly reduces costs for manufacturers engaged in international trade.

The country has also completed two phases of its Logistics Investment Program (PIL), aimed at enhancing its transportation infrastructure, including ports, railways and highways. Since 2018, nearly 7,500 miles of roads and significant upgrades to the Santos Port have been completed. Investments also include improvements to the Porto Mara valley hub and the rehabilitation of Galeão international airport.

Brazil's strategic policies and substantial infrastructure investments are setting the stage for a significant shift toward nearshoring consumer product manufacturing. By creating a conducive environment for business, enhancing logistics and focusing on sustainability, Brazil is positioning itself as a premier destination for foreign investment in manufacturing.

Nearshoring America Expo | December 9-11, 2024

The intersection of trade for the Americas.

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