World Footwear

Trade

Brazilian footwear exports with two digits decline

Jun 15, 2015 Brazil
Brazilian footwear exports with two digits decline
According to the Brazilian Footwear Association, in the first five months of the year revenue from footwear exports was 12.2% below the value registered in similar period last year
Abicalçados, the Brazilian Footwear Association, estimates that between January and May 47.8 million pairs of shoes were sold abroad, generating revenue of approximately 385.4 million US dollars, 12.2% below the value of exports in similar period in 2014.

In the first five months of the year, exports fell, both in quantity and value, every month except in March (+15.1% in value and +5.8% in quantity), which is causing worries within the Brazilian Association.

Heitor Klein, Executive President of Abicalçados, said the loss of competitiveness of the Brazilian industry, motivated by internal measures, is netting off the positive impact of a high US dollar. To this poor performance in exports, adds the slowdown in the domestic market, as the country is hit by high inflation, high level of debt and a drop in consumption.

During the first 5 months of the year, the main destination for Brazilian Footwear was the United States, to where 4.4 million pairs worthing 68.7 million US dollars were sold. This represented a declined of 4.8% compared to similar period in 2014. France, receiving 4.6 million pairs (23.8 million US dollars, despite a 6.5% fall), follows. Argentina lost the third position in the ranking of the largest destinations to Bolivia (2.8 million pairs; 22 million US dollars) going up by 16.5%. Argentina is now in the fourth position with 1.3 million pairs, worth 21.36 millions and falling by 16.7%.

Exports to the Emirates are worth being highlited by their dynamic performance. Brazil exported 946.8 thousand pairs to that country, which were valued at 10.4 million US dollars, growing by 33.4% compared to similar period in 2014. This destination is seen as an alternative to falling shipments to more traditional destinations, according to Mr. Klein, who noted that the Arab country is one of the seven target markets for the Brazilian Footwear, the exports support program maintained by Abicalçados in partnership with the Brazilian Agency for Promotion of Exports and Investments (Apex-Brazil).

Related Events

  • Jul
    1
    Jul 1-Jul 3, 2024 | Gramado, Brazil

    SICC- Salão Internacional do Couro e do Calçado

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

    Brazilian Footwear Show

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

    Zero Grau

  • Jan
    13
    Jan 13-Jan 15, 2025 | São Paulo, Brazil

    Couromoda

Related Organizations

  • SINBI - Footwear and Apparel Industries Union of Birigui

    SINBI - Footwear and Apparel Industries Union of Birigui

    Brazil
  • ABLAC -  Brazilian Association of Artifacts and Footwear Retailers

    ABLAC - Brazilian Association of Artifacts and Footwear Retailers

    Brazil
  • ABICALÇADOS - Brazilian Footwear Industries Association

    ABICALÇADOS - Brazilian Footwear Industries Association

    Brazil
  • ABRAMEQ - Brazilian Association of the Machinery and Equipment for the Footwear and Leather Industries

    ABRAMEQ - Brazilian Association of the Machinery and Equipment for the Footwear and Leather Industries

    Brazil