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Foreign market selection process as tool for international expansion: Case study for ecuadorian chia seeds exports to the european union
- Source :
- Anais da Academia Brasileira de Ciências, Vol 92, Iss 1 (2020), Anais da Academia Brasileira de Ciências v.92 n.1 2020, Anais da Academia Brasileira de Ciências, Academia Brasileira de Ciências (ABC), instacron:ABC
- Publication Year :
- 2020
- Publisher :
- Academia Brasileira de Ciências, 2020.
-
Abstract
- To assist Ecuadorian chia seed producers in their quest for internationalisation. This article uses a case study to present a methodology which assists in the selection of the most suitable export market for a product. It is based on a diverse range of indicators grouped into 7 dimensions that were used to analyse the 27 member countries of the European Union in order to determine the most suitable export market for chia seeds from Ecuador. Germany is the biggest European importer of chia seeds with a 55% share, followed by the Netherlands, the United Kingdom and Spain. It presents a methodology for market selection that can be employed as a tool for international expansion which can easily be used by companies in search of the most suitable export market for their products.
- Subjects :
- Process (engineering)
Science
international market selection
International trade
Internationalisation
Order (exchange)
0502 economics and business
media_common.cataloged_instance
European Union
European union
Selection (genetic algorithm)
Foreign market
media_common
Multidisciplinary
business.industry
05 social sciences
chia seeds
Product (business)
Internationalization
Market selection
050211 marketing
Business
Ecuador
050203 business & management
Subjects
Details
- Language :
- English
- ISSN :
- 16782690
- Volume :
- 92
- Issue :
- 1
- Database :
- OpenAIRE
- Journal :
- Anais da Academia Brasileira de Ciências
- Accession number :
- edsair.doi.dedup.....72c661a99b9beb4c72ecd3aab6fc7c8b