World Footwear

Trade

Brazilian components sector optimistic

May 10, 2016 Brazil
Brazilian components sector optimistic
Assintecal, the association representing the sector, has announced 6% growth in exports in the first quarter of the year
The Brazilian components sector, gathering manufacturers of chemicals, shoe uppers, soles and other raw materials feeding into the manufacture of shoes, leather goods and related articles, exported 150.3 million US dollars in the first 3 months of the current year.

This represents an increase of 6% compared to similar period in 2015. 

The main destinations for Brazilian products were Argentina, Germany, United States, China and Mexico.

In March the sector’s exports amounted to 57.8 million US dollars, an increase of 2% compared to the previous month.

“Exporting is the way for our industry to be able to redress its trade balance, getting around the instability in the domestic market. The international market has increasingly appreciated the Brazilian products, and three factors have proven to be essential for this:  cost-benefit ratio, creativity, and qualified customer service”, commented Milton Killing, President of Assintecal, the Brazilian Association of Companies of Components for Leather, Footwear and Manufactured Goods.

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