São Paulo – Brazilian leather exports generated revenues of US$ 679 million from January to August, a 50.62% reduction compared with the same period last year, according to information disclosed by the Confederation of Brazilian Hides and Skins Industries (CICB).
In August, shipments totalled US$ 96 million, growth of 4.35% over July. Last year, the industry exported the equivalent of US$ 1.8 billion.
In order to promote themselves, five companies in the sector participated in All China Leather, a trade fair held in Shanghai from September 2nd to 4th. The CICB maintains a foreign sales incentive programme, named Brazilian Leather, in partnership with the Brazilian Export and Investment Promotion Agency (Apex).
According to the CICB, companies showed themselves optimistic regarding the resumption of business in Southeast Asia.
*Translated by Gabriel Pomerancblum