Export More Brazil, an international export program organized by the Brazilian Trade and Investment Promotion Agency (ApexBrasil), reported that a recent round of export meetings concluded with 24 Brazilian companies in the natural stone industry closing just under $800,000 in deals for the next 12 months.
The negotiations took place between August 22 and 24 during the 32nd edition of Cachoeiro Stone Fair 2023, the largest business showcase in the Brazilian stone market, held annually in the city of Cachoeiro de Itapemirim (in the state of Espírito Santo).
Export More Brazil, with the slogan “Touring the country so that our companies take over the world,” seeks to establish active ties with all regions of the country to boost exports. By the end of the year, Export More Brazil will carry out 13 events aimed at different sectors in 13 Brazilian states. Brazilian companies will have the opportunity to meet with international buyers who will come to the country in search of products and services related to specific sectors.
With the greatest geological diversity in the world and more than 1200 varieties of materials, Brazil is the fourth-largest producer and fifth-largest exporter of natural stones in the world. ApexBrazil reports that in 2021, the sector broke a historic record in exports, with revenues of $1.33 billion—the highest year-over-year growth at 36%. In 2022, the segment exported $1.28 billion, with only a slight decrease compared to 2021. The United States was the destination for more than half of the sector's exports (58%), followed by China (13%) and Italy (8%). The Brazilian state Espírito Santo is the leading Brazilian state in the production and foreign trade of natural stones: in 2022, it accounted for 81.8% of all sales from Brazil to the international market.
Overall, there were more than 150 meetings, held between 24 Brazilian companies in the natural stone industry – headquartered in the states of Ceará, Rio Grande do Sul, Paraná and mainly Espírito Santo – and nine international buyers from Germany, Portugal, the United Kingdom, the United Arab Emirates, Oman, Argentina and South Africa.
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