São Paulo – Saudi Arabia was the 14th leading destination for Brazilian footwear exports in April. According to data released by the Brazilian Association of Footwear Industries (Abicalçados), the country bought 119,000 pairs from Brazil last month, worth USD 1.4 million. Each pair shipped at an average price of USD 12.04.
The Saudis also bought Brazilian shoes in April last year but in a smaller volume. There were 47,900 pairs for USD 475,900, and the average price was USD 9.93. As a result, exports to the Saudis grew 148% in volume and 201.5% in revenue last month, and average prices were 21.3% higher.
Saudi Arabia was the only Arab country to appear on the list of the 20 main buyers of Brazilian footwear in April. The leading destination was Argentina, followed by the USA, Peru, France, Ecuador, Paraguay, Bolivia, Colombia, Uruguay, and Chile. In the list of main destinations in 2023’s first four months, no Arab country appears.
Overall, Brazilian footwear industries exported 10.2 million pairs of shoes in April, down 20.7% over 2022’s same month. Revenue tallied USD 111.7 million, down 2%. In the four-month period, 48.74 million pairs were shipped abroad, generating USD 440.2 million in revenue, a 9.3% drop in volume, and a 1.3% increase in revenue compared to the same period last year.
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Translated by Elúsio Brasileiro