Promising start to 2019 for Brazil’s footwear sect - footwearbiz: Lead

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Promising start to 2019 for Brazil’s footwear sector

15/02/2019
Brazil exported 15 million pairs of shoes for a total value of $99.3 million in January, respective increases of 33.4% and 23% compared to the same month of 2018, according to the latest data from footwear industry body Abicalçados.

The US was the most important export market for Brazilian shoe companies in terms of value. The country paid $18.47 million for a total of 1.67 million pairs. These figures represent year-on-year growth of 80% in volume and 52% in value.

France led the way in terms of volume. Bringing in 1.77 million pairs of shoes from Brazil for a value of $9 million. However, this reflects declines of 4% in volume and 21% in value. 

There was also bad news from Argentina, once Brazil’s most important export destination. In January, its imports of Brazilian shoes fell 2% in volume and 24.6% in value. 

In October, Abicalçados highlighted the UK as a market with great potential for Brazilian footwear companies and this has proven to be an accurate prophesy. Last month, the UK’s imports of Brazilian shoes rose 231% in volume and 115% in value. It brought in 307.3 million pairs at a total cost of $3.54 million. 

Related stories:

Brazil’s footwear exports up in volume but down in value in first half 15/07/2019
Abicalçados renews overseas promotion initiative 26/06/2019
US continues to drive Brazil’s footwear exports 13/06/2019
Brazil’s shoe exports fell again in April 10/05/2019
Brazilian footwear industry on track despite March export dip 11/04/2019
Brazilian shoe industry continues strong start to 2019 13/03/2019
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Brazil’s footwear exports down more than 10% in 2018 15/01/2019
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End in sight for Ecuador-Brazil shoe stand-off 19/12/2018
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