Monday, May 11, 2009

EMERGING MARKETS

The U.S. Department of Commerce estimates that over 75% of the expected growth in world trade over the next two decades will come from the more than 130 developing and low cost countries. Big emerging markets share a number of important traits
a. Have a significant population
b. Are all physically large
c. Represent considerable markets for a wide range of products
d. Have strong rates of growth or the potential for significant growth
e. Are of major political importance within their regions
f. Are “regional economic drivers”
g. Will engender further expansions in neighboring markets as they grow
Because many of these countries lack modern infrastructure, much of the expected growth will be in the industrial sectors.
Some of the emerging markets are China, India, South Korea, Vietnam in Asia Pacific, Argentina, Brazil, Mexico, Venezuela, Colombia in Latin America, Poland, Turkey, Romania in Europe and South Africa in Africa.

Beroe has a presence in many of the emerging markets world wide and we will act as your procurement arm from ground zero.

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