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Business opportunities in the United States

Estados Unidos - Daniel Novoa

Do you want to know the opportunities business in United StatesJoin us! on August 16, we will be talking with Daniel NovoaThe executive president of the retail chamber of commerce, he will give us a context about the incursion into this great market, the opportunities, key points and events in which you can participate.

Daniel Esteban Novoa
Executive Vice President The Hispanic Retail Chamber of Commerce, INC.
United States
16-Aug/23
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In this video, Daniel, an international trade expert from the United States, shares his experience and knowledge about international trade and business opportunities in Latin America. He also talks about Central de Compras and the Chamber of Hispanic Supermarkets in the United States, and how companies can be part of their marketplace. In addition, he mentions the upcoming food and beverage trade show in Miami, where business opportunities will be presented.

00:03 Daniel's experience in international trade and business internationalization

  • 00:11 Daniel tells us how the world is doing in terms of international trade and the possibilities for doing business.
  • 01:27 Daniel presents his professional career as an entrepreneur and founder of Sudamérica Virgen Group.
  • 03:07 Daniel explains how he has generated opportunities and alternatives for Latin American companies through his company.

05:59 The Chamber of Hispanic Supermarkets in the United States and its services

  • 06:01 The Chamber of Hispanic Supermarkets is the official chamber of Hispanic and non-Hispanic supermarkets in the United States.
  • 07:04 The chamber covers 70% of the United States territory and has experienced exponential growth.
  • 08:31 The chamber serves supermarkets in the United States and is expanding its reach into the Latin American segment.

11:54 Central purchasing office: a necessary tool for supermarkets and manufacturers

  • 11:56 The central purchasing center allows supermarkets to buy directly from manufacturers without intermediaries.
  • 12:01 The purchasing center makes it easier for companies to reach supermarkets directly without intermediaries.

17:48 International trade in the U.S. and the importance of Hispanic supermarkets

  • 17:51 In the United States, the aim is to connect Latin American businessmen with the purchasing center to take advantage of market opportunities.
  • 19:10 Hispanic supermarkets in the United States are more numerous than national supermarkets, and they are known by name.

23:43 Challenges and opportunities for Latin American companies in the U.S. market

  • 23:44 Many Latin American countries are not really designated by inequality.
  • 23:57 The U.S. Chamber of Commerce provides assistance to governments and businesses to promote trade.
  • 25:03 The marketplace has a one-time participation fee of US$600 and a monthly maintenance fee of US$30.
  • 26:16 Companies that are part of the chamber can participate in the food and beverage fair in Miami.
  • 27:30 To approach the U.S. market, entrepreneurs must have the necessary permits and work on the feda registry.
  • 28:15 The central purchasing office can consolidate cargo, so the size of the company should not be a problem.
  • 29:02 Large supermarkets buy for a limited number of stores, so companies do not have to worry about order quantity.

29:36 Opportunities at the Miami trade show and the sectors with the most opportunities in the United States

  • 29:36 The Miami fair is an opportunity for entrepreneurs and exporters with little production.
  • 30:29 The fair is exclusively for buyers and industry professionals, not for the general public.
  • 31:26 This year the fair will be extended to three days and buyers from 165 countries are expected to participate.
  • 34:37 The sectors with the most opportunities in the United States are food and beverages, followed by cosmetics and beauty.

35:32 Sanitary regulations for food in the United States

  • 35:35 FDA leads in the number of cosmetic registrations in the United States.
  • 36:39 Sanitary regulations for food in the United States are complex and are worked on an item-by-item and product-by-product basis.
  • 37:33 It is mandatory to appoint an official FDA agent in order to enter products into the United States.
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