World Footwear

Trade

Brazilian exports on the red

Jun 28, 2016 Brazil
Brazilian exports on the red
According to data released by Abicalçados, footwear exports were down by 4.7% in value terms in the first five months of 2016, compared to similar period last year. In May, exports decline both in quantity and value
During the month of May, Brazil exported 8.36 million pairs of footwear valued at 71.65 million US dollars, lower records in both volume (-2.7%) and in revenue (-4.9%) when compared to similar period in the previous year.

With this result, accumulated footwear exports for the first five months of the year reached 48.63 million pairs with a total value of 367.48 million, up by 1.7% in volume, but down by 4.7% in value, if compared to similar period in 2015 (47.8 million pairs with a total value of 385.44 million US dollars).

For Heitor Klein, Executive President of Abicalçados, the Brazilian Shoe Manufacturers Association (Abicalçados), exchange rate fluctuation caused by internal political and economic issues has led to widespread uncertainty and impacted prices: "Unfortunately, we can only reap the benefits of a valued dollar when the Brazilian political and economic situation finds a way. From the point of view of price formation, it's better to have a weaker US dollar than have constant fluctuations".

Despite the decline in the overall exports, Klein underlined the recovery of important markets for Brazilian footwear. In the first five months of 2016, the biggest buyer Brazilian footwear, the United States, acquired 5.3 million pairs for 80.3 million US dollars, increasing both in quantity (20%) and value (17%), when compared to similar period last year.

Argentina imported 2.8 million pairs valued at 34.5 million US dollars, up by 111% in quantity and 61.5% in value, when compared to similar period last year.

France, in third place in the top of main buyers of Brazilian shoes, acquired 4.48 million pairs for 22.8 million US dollars in the period, down by 2% in pairs and down by 4.2% less in value.

Related Events

  • May
    14
    May 14-May 16, 2024 | Gramado, Brazil

    SICC- Salão Internacional do Couro e do Calçado

  • May
    21
    May 21-May 23, 2024 | São Paulo, Brazil

    Brazilian Footwear Show - São Paulo

  • Nov
    11
    Nov 11-Nov 13, 2024 | São Paulo, Brazil

    Brazilian Footwear Show

  • Nov
    18
    Nov 18-Nov 20, 2024 | Gramado, Brazil

    Zero Grau

Related Organizations

  • ABLAC -  Brazilian Association of Artifacts and Footwear Retailers

    ABLAC - Brazilian Association of Artifacts and Footwear Retailers

    Brazil
  • ÁPICE -  Association of the Industry of Sporting Goods

    ÁPICE - Association of the Industry of Sporting Goods

    Brazil
  • ASSINTECAL - Brazilian Association of Companies of Components for Leather, Footwear and Manufactured Goods

    ASSINTECAL - Brazilian Association of Companies of Components for Leather, Footwear and Manufactured Goods

    Brazil
  • SINBI - Footwear and Apparel Industries Union of Birigui

    SINBI - Footwear and Apparel Industries Union of Birigui

    Brazil