Brazilian footwear exports down in first ten month - footwearbiz: Lead

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Brazilian footwear exports down in first ten months

17/11/2011
Brazilian footwear industry association Abicalçados has said the value of exports of shoes from Brazil in the first ten months of 2011 is down by 13.6% compared to the same period last year. The volume of exports fell by 24% over the same period.

At the same time, the value of shoes imported into the South American country over the January-October period rose by 44.5% compared to a year ago.

Between January and October 2011, Brazilian footwear firms exported 91.1 million pairs, compared to 119.3 million pairs over the same months in 2010. Earnings for the ten-month period were $1 billion in 2011 and $1.2 billion in 2010.

Retailers and wholesalers brought 30.6 million pairs into Brazil in the first ten months of 2011, with a value of $378.9 million.

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