São Paulo – Brazilian footwear exports generated USD 93.77 million in October – the best monthly result in the year –, with an increase of 0.2% over the same month of last year. The country shipped out 11 million pairs, a drop of 5.5% in the same comparison, according to date shown this Thursday (08) by the Brazilian Footwear Industry Association (ABICALÇADOS).
Over September 2018, October exports climbed 31% in revenues and 11.2% in volume. Year-to-date, foreign sales totaled USD 793.76 million, a drop of 10.8% over the same period of 2017. The country shipped out in the period 89.8 million pairs, a 10% decline in the same comparison.
According to ABICALÇADOS, October’s result shows a sales recovery in the US, returning the country to the position of main destination for the Brazilian footwear. “Probably, and in greater extent than we expected, we can already see the impact of the measure that went into effect on October 13 that cut down the US footwear import tariffs, some of them to zero,” said the association’s president, Heitor Klein, in a statement.
Translated by Sérgio Kakitani
