Volume up but value down for Brazilian shoe exports

19/10/2012
Brazil’s ministry for overseas trade has said the country’s footwear sector achieved exports with a value of $88.4 million in September, a decline of 8.7% compared to the corresponding figure for September 2011.

However, in terms of volume, Brazilian footwear manufacturers exported fully 30% more pairs in September 2012 compared to the same month last year.

The US, Argentina and France were the main markets that Brazilian shoe companies shipped to, followed by Paraguay, Bolivia, the UK, Chile, Peru, Australia and Angola.

The value of imported footwear for the month increased by 4.1% to $45.4 million. The increase in the value of imported footwear for the first nine months of the year is 14.5%, reachined $382 million. Vietnam’s share of this total value is 55%. Indonesia is the second-biggest exporter of shoes to Brazil, with China in third place.