Northwest Aerospace News PNAA 2021 ADVANCE - Page 54

OPPORTUNITIES FOR

GROWTH IN BRAZIL

By Amandine Crabtree ; Aerospace International Trade Specialist , Washington State Department of Commerce

Diversification is a goal of any smart business , providing you with a cushion as market conditions change . The need to diversify has certainly come to the forefront since the global pandemic shook markets worldwide and is perhaps more important than ever before .

The Small Business Export Assistance team at the Washington State Department of Commerce has been working closely with businesses throughout Washington to connect them to new markets overseas for years now . But this work has certainly taken on added importance as businesses find new ways to grow and expand in a challenging economy .
Amandine Crabtree Aerospace International Trade Specialist
Washington State Department of Commerce https :// www . commerce . wa . gov
WA DEPT . OF COMMERCE
Through this series , I have already shared our efforts to help businesses in Europe and most recently , Canada . In this issue , I would like to take you to Brazil and introduce you to our new consultant , Sidera Consult .* Diego Ures , Partner at Sidera , and his team will be helping Washington companies expand existing business or create a brand new presence in Brazil and Israel .
The Brazilian Aerospace Industry : an $ 18.8 Billion Market Born from the Space Race
Brazil ’ s aerospace industry is the largest in the southern hemisphere . It is an $ 18.8 billion industry and employs 840,000 workers .
54 NORTHWEST AEROSPACE NEWS