By: Karen Alezano and David Soto

Argentina's Textile & Apparel Industry

Timeline of Events

March 26, 1991, when Argentina, Brazil, Paraguay and Uruguay signed the Asunción Treaty in Asunción Paraguay

Under the Treaty, the nations agreed to form a Customs Union named Southern Common Market, commonly known as Mercosur

The Treaty of Asunción (referred as the "Treaty Framework,“) provided the underlying elements for the creation of the Common Market

The first step in the creation of a Common Market was taken on

Officially inaugurated in 1990, the Alto Palermo Shopping Center was one of the first shopping centers in Argentina. It's a very popular shopping spot for the porteños and especially the porteñas (male and female residents of Buenos Aires).

Massive public and external debt and chronic budget deficits in the late 1990s led to a major financial crisis in 2001.

1929 Argentina was the fourth richest country in the world in terms of income per head.

1954-1983 Fonseca S.A was a pioneer in the Argentinean Leather Industry

Evolution of the Gaucho Clothingmid-16th century. these settlers called Gauchos came to the New World

Manifesto•Founded by Argentine entrepreneurs

the chair is covered by the typical Gauchos’ outfit (the poncho)

Innovations

Vag•Fouded in Argentina in 2007

•aimed at creating innovative products mainly made with non-conventional materials

• The sheep population has been increasing for about the last six years reaching 16 million in 2008.

• Argentine wool growers have benefited from improvement in world wool prices and from a massive devaluation of its currency at the end of 2001, which gave a considerable boost to its export industries

• The major sheep-producing area in Argentina is the Patagonia region

Sheep and Wool

EconomyGDP (purchasing power parity) $746.9 billion (2012 est.)

GDP (official exchange rate) $474.8 billion (2012 est.)

GDP - real growth rate 2.6% (2012 est.)

GDP - per capita (PPP) $18,200 (2012 est.)

Unemployment rate7.2% (2012 est.)

Budgetrevenues: $117.5 billion expenditures: $132.8 billion (2012 est.)

Taxes and other revenues24.7% of GDP (2012 est.)

Budget surplus (+) or deficit (-)-3.2% of GDP (2012 est.)

Public debt41.6% of GDP (2012 est.)

Inflation rate (consumer prices)25% (2012 est.)

Exports - partnersBrazil 21.6%, China 7.3%, Chile 5.5%, US 5.5% (2011)

Imports$67.33 billion (2012 est.) 

Exports$85.36 billion (2012 est.) 

Imports - partnersBrazil 33.2%, US 14.4%, China 12.4%, Germany 4.7% (2011)

Debt - external$130.2 billion (31 December 2012 est.)

Benitez Emilse

Significant designers

Cora Groppo

Jose Mutti

What Is BAFWeek?

• The Buenos Aires Fashion Week opens for a week of fashion shows and fashion presentations overflowing with all the latest cutting-edge trends.

Major Textile and Apparel Manufacturers Federation Argentina de Industrias Textiles (FITA: Cotton Manu.)

Camara Industrial del Deporte y Afinas (CAMIDA: Sport Apparel Manufacture)

Leather goods by Argentine Chamber of manufacturers of Composers and Materials for ready made garment

CAIPIC (ARGENTINE CHAMBER OF FOOTWEAR INDUSTRY SUPPLIERS

ACFIC (FOOTWEAR MANUFACTURES ASSOCIATION )

Florida Street in Buenos Aires

Argentina became a trade group member of:

• Generalized System of Preferences (GSP) • The Cartagena Agreement • The Free Trade Area of the Americas (FTAA)

Trade Agreements

Political LeadersPresident Cristina FERNANDEZ DE KIRCHNER

Vice President Amando BOUDOU

POLITICAL SYSTEM: Republican, representative and federal

The issues The police force is considered by Argentines to be one of the most corrupt institutions in the country

The Buenos Aires police have been involved in several incidents of drug trafficking and extortion.

Confidence in the judiciary is weak Abuse of office by elected officials is not normally punished

the political and administrative system lacks transparency, efficiency and neutrality.

Tax evading

• http://www.lonelyplanet.com/argentina/history• http://fashionbi.com/newspaper/the-fashion-industry-in-south-america-argentina-

and-brazil• http://www.gauchoclothes.com/info.html• http://www.guilford.com.ar/• http://www.mercosurtc.com/• http://www.cchic.mrecic.gov.ar/en/content/argentina-and-world-expo-impo• http://simplyshers.com/emerging-fashion-designers-from-argentina/• http://www.argentinaindependent.com/life-style/fashion/designer-spotlight-vanes

a-krongold/• http://www.bafweek.com.ar/index.html• http://www.farmweekly.com.au/news/agriculture/agribusiness/general-news/she

ep-and-wool-strong-in-argentina/1846447.aspx

Bibliography