Brazilian footwear exports plunged 31.3% in volume and 22.8% in revenue in January and February. Competition with China and the economic situation in second leading buyer Argentina drove down the results.
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There was a 10.8% drop in revenue and a 16.6% decrease in volume from 2022, according to sector association data. In December, Libya imported USD 730,000.
The Brazilian footwear industry shipped 102 million pairs abroad year to date through October. The recorded drop reflects the global slowdown and Chinese competition, said the sector association.
Exportações cresceram, mudaram de patamar e colocaram Brasil como alternativa aos fornecedores da Ásia. Desempenho de 2014 mostra que há potencial para exportar ainda mais.
From November 21 to 23, Abicalçados and NürnbergMesse will hold the BFSHOW in Porto Alegre for the first time. Foreign buyers and guests are expected to participate. Registration for guests is open.
The Saudi market imported 119,000 pairs of shoes from Brazil last month. It was the only Arab country on the list of main destinations.
Brazil shipped 14.6 million pairs of shoes in January, grossing USD 117.8 million. Europe’s purchases drove up the result.
The Brazilian company increased revenue from footwear exports to BRL 142.8 million (about USD 27.16 million) in the year’s second quarter. Grendene owns brands such as Melissa and Itapema, among others, and is one of the biggest global producers in the sector.
Brazilian industries shipped 7.5 million pairs of shoes abroad in the first half of 2022. In addition to the increase in volume, there was a 67.5% growth in revenue.
From January to May 2022, there was a 21% increase compared to the same period last year. Shipments to the United Arab Emirates and Latin America advanced.
The Brazilian industry shipped 13 million pairs of shoes in March, with a sharp increase in volume. Demand from the United States has gone up.
Brazilian industries obtained USD 71.3 million with international sales in January and February, up 37%. The most exported products were chemicals for leather and shoes, uppers, soles, and insoles.
The Arab country was the 20th largest international suppliers of footwear to Brazil year to date through February shipping 603 pairs.
Brazilian footwear brands invest in socially, economically, and environmentally positive solutions. According to Abicalçados, seven companies already have the Sustainable Origin certificate, and another 40 are in the process of certification.
