Recently Released Market Study: Bags and Luggage in Argentina
Import restrictions and rising costs resulted in an uncertain scenario both for local manufacturers and importers in bags and luggage. On one hand, importers saw their business opportunities highly reduced as the government restricted the maximum entrance of imported goods to improve the trade balance deficit. For example, textile and plastic bags imports were reduced by 67% between 2007 and 2011. In addition, the scarcity of leather and imported material to manufacture locally increased street...
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