The key to make right decisions is to know the reality around us. For this, we need to have reliable and accurate information.
Buenos Aires, a strategic spot
Argentina offers a range of great possibilities and is a direct bridge to the MERCOSUR, a market with more than 250 million consumers.
Buenos Aires is home to national and international companies and one of the main investment centers in the region. In recent years it has become one of the most attractive markets for business due to competitive costs, qualified and creative human capital, and modern communications infrastructure.
It is currently considered a leading city in the events and conventions sector, annually receiving more than 2 million business tourists from all over the world.
The Textil and Garment production chain is one of the sectors with the longest tradition in the history of Argentine industrialization and comprises from fiber processing, yarns and fabrics manufacturing to garment design and manufacturing and home products. In each of these stages, several activities which add value to the goods are developed and which subsequently will become supplies for the industry or final products for consumption.
Though as from 2016 we observed a decrease in internal consumption level, as a consequence of the market size, the investment pressure and the salaries than condition prices, it is important to highlight that between 2002 and 2018, almost US$ 4,000 millions dollars were invested in the modernization and extension of the production capacity that in the last years set an investment record in flat and circular looms, thus tripling production.
The industry employs 400,000 people throughout the country and has 18,000 textile and garment companies (mostly small and medium companies) that invest in state-of-the-art technology to produce with the highest efficiency, promote regional economies by generating thousands of genuine jobs and making creative designs, ideal to export to the whole world.
*Source: Fundación Pro-Tejer
Data updated to August 2018