New Global Briefing: Brazil: Key Player in Global Beauty and Personal Care Growth

With double-digit year-on-year growth over 2003-2008, the Brazilian beauty industry is one of the fastest growing in the world. Coupled with the fact that 2008 value sales stood at US$29 billion, making it the third largest personal care market globally, it is no surprise that major beauty companies are clamouring to step up their presence in the country.

Source: Euromonitor International
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Sample – Importers/Distributors of Electrical Equipment and Components in the UK

Company	Country	Contact
A. & G. Uttoxeter Ltd	England	44-1889-563-964
B.C.B. International, Ltd	Wales	44-1222-464-463
C. & C.D. , Ltd	England	44-1494-882-848
D.B.S. Direct	England	44-1654-579-412
E.L.M Electro Mech	Wales	44-1352-757-197
Fawcett Christie Hydraul Ltd.	England	44-1244-535-515
G.D. Rectifiers, Ltd	England	44-1444-243-452
H. & H. Services Ltd.	England	44-1623-759-836
I.G.G. Component Technology	England	44-1329-829-311
J. Lovell & Co.	Wales	44-1222-623-529

Source: Interdata International Directory of Importers 
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Caracas flights ‘new gateway to African, Asian travelers’

Aeropostal Alas de Venezuela will introduce a 164-seat MD-82 aircraft when it reactivates its Port of Spain-to-Caracas, Venezuela, route next month. The newest commercial airline to rejoin the Caribbean-to-Latin America air bridge, Aeropostal plans to offer more flights to help facilitate the under-serviced market. ’There is a large market here in Trinidad and Tobago. This is our number one market. We always have an additional plane in case of emergency for this market,’ said Francisco Medina, general manager at the Trinidad office.
Source: Trinidad Express (10/02/10)  http://www.trinidadexpress.com/index.pl/article_business?id=161593714

Health and wellness EU legislation
The last few years have seen significant changes in the EU legislative arena, with several major pieces of legislation coming to fruition and yet more on the horizon. These include the extremely protracted regulations on nutrition and health claims and fortification in 2007, followed by the new organic legislation in 2009. Over the next two to three years, attention will also focus on overhauling the general labelling legislation, which will have an impact on all food manufacturers.

Source: Euromonitor International
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Mariano: Take advantage of EPA

“Fifteen months have passed (since signing the agreement), we need to move forward. People need to start biting the bullet in terms of taking on the business of exporting and the purpose of this workshop is to get people to export….”
Source: Trinidad Newsday (03/02/10)  http://www.newsday.co.tt/business/0,115240.html

Venezuela’s Sidor January steel output off 61 per cent

Venezuelan steelmaker Sidor’s January output fell 61 per cent year-on-year due to energy rationing, a local newspaper reported on Thursday, following last year’s closure of some its facilities to save power. A prolonged drought has crippled the Organisation of Petroleum Exporting Countries (OPEC) nation’s hydroelectric dams, creating a political headache for leftist President Hugo Chavez and opening the possibility Venezuela may have to close its aluminum, steel and bauxite operations. “Sidor reported a decline of 61.3 per cent in its volumes of liquid steel production, comparing to the months of January 2009 and January 2010,” said Pedro Acuna, who represents Sidor’s workers, in comments published in newspaper El Universal.
Source: Trinidad Guardian (09/02/10)  http://guardian.co.tt/business/business/2010/02/09/venezuelas-sidor-january-steel-output-61-cent
Top Ten Market’s for Trinidad and Tobago’s Sugar and Confectionary Goods

 

Sources : ITC calculations based on COMTRADE statistics.

Importers	Exported value 2008, USD thousand
‘World	11470
‘Jamaica	3150
‘Guyana	1805
‘Armenia	1628
‘United States of America	1321
‘Barbados	608
‘Suriname	582
‘Saint Vincent and the Grenadines	446
‘Grenada	429
‘Dominica	340

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Latin America: Regional Profile

Latin America’s economy contracted in the first half of 2009 but a recovery should be swift. The region’s fiscal surpluses will probably disappear as public spending grows but real spending should rise fast, providing an important stimulus to demand. Caribbean economies lag behind other countries due to their excessive reliance on tourism and remittances. Latin America is still lumbered with a host of structural impediments including monopolies, bureaucracy and inflexible labour markets.
Source: Euromonitor International
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