With the peso devalued, contingents from Paraguay and Uruguay arrive in the country for Christmas shopping

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With the holidays just around the corner, buyers from neighboring countries they parade through supermarkets and wholesalers looking for Christmas boxessweet bread, ciders and wines which they obtain at auction prices, product of the devaluation of the Argentine peso.

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Buyers Paraguayans in Misiones and Formosa, more Uruguayans in Entre Ríos and Corrientes they add revenue to local merchants, with fewer customers than usual.

Posadas’ businesses said shoppers arriving from the Paraguayan city of Encarnación primarily seek out sweet bread and cider which they then resell in their own country. “We have noticed that in the last week there has been an increase in sales. The Christmas products arrived at the end of October and now more are coming out. We estimate that over 20% is acquired by foreigners”, They had a fight in one of the wholesale chains that has a branch in the capital of Misiones.

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“They arrive with calculators in hand and already know they have limits on purchases: no more than $60,000 of a single product and cannot bill more than $200,000 per month,” added. “Now the Christmas boxes are having a good start. They tell us they are cheap,” added the clerk who is in the sales sector.

In the Argentine Chamber of Commerce, they say something similar happens with Formosa. “They enter Clorinda’s and take food products, there are queues of up to 8 hours to enter. They basically buy food and fuel. Even small traders go to the wholesalers’ areas and resell it in Paraguay.”

As for Paraguayan buyers, he said they “generally look for the cheapest products. Those are for resale but on the weekends we see families come to stock up for their homes and there we see them opting for the leading brands,” she explained.

“Now there’s a lot of sweet breads, caramels, puddings, nougats, chocolates and ciders coming out,” he listed. And she warned that “for the next few weeks we expect an increase in demand”.

In a wholesaler in Posadas, Christmas boxes start at $1,800 pesos and go up to $3,999. Sweet bread starts at $488 pesos, while a high-quality 280-gram nougat costs about $439.

“Ordinary people come from Paraguay, taking advantage of the exchange advantage, but also traders to supply their business”, according to Fabián Tarrio, commercial director of CAME.

In Bernardo de Irigoyen, on the border with Brazil, traders said there hasn’t been a boom in sales yet. “They come here looking for wines, sparkling wines, but they also get a lot of alfajores, puddings, They ask us to assemble Christmas boxes for them,” said Miriam Lindao, who is a member of the Chamber of Commerce and has its headquarters a few meters from the international crossing point.

“They also ask us for dried fruit, raisins and they tell us that everything is very cheap for them because they are all products that Brazil has to import,” added Lindao. “In wines, the average cost per bottle is between 25 and 30 reais ($1,200 to $1,500),” he said.

Lindao is convinced that from the first week of December there will be a greater flow of buyers “but Migration is needed to speed up the procedures because many people get tired of waiting and give up coming to buy from Bernardo de Irigoyen”.

In this border crossing Migrations it has only one box to register who enters from Dionisio Cerqueira or Barracao. This means that almost all day there are long queues of vehicles with buyers patiently waiting to complete the procedures and thus be able to visit the Argentine gondolas.

Lindao acknowledged that this is not the only problem they have. “Brazilians have a hard time understanding that prices change so much and in such a short time because they have almost no inflation. It’s a phenomenon that is not known to them,” she said.

In Puerto Iguazú, meanwhile, Christmas sales have not yet picked up the rhythm expected by the merchants, but expectations are good. The president of the Chamber of Commerce, Joaquín Barreto Bonetti, said that “Christmas boxes are a gift for Brazilians. We believe that this week or the other the movement will start to increase,” he said.

“Here are the Brazilians They come to buy from supermarkets and wineries, while the Paraguayans focus on wholesalers because they generally look for sweet bread and cider which they take for resale in Ciudad del Este,” he explained about the characteristics of the trade in the City of Falls.

Benefits have been seen in Uruguay. In Entre Ríos they hope that the hotel occupancy is very high, and that Uruguayans go there to celebrate the festivities in the restaurants and bars of the province. Although Uruguayan controls are strict with the goods that can be brought in (up to 5 kilos), visitors from the neighboring country can fill up their petrol tank and buy small items. But not the clothes, as they are more expensive than in your country.

Source: Clarin

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