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Hope for Brazilian footwear, Abicalçados says

09/04/2025
Brazil’s national footwear industry association, Abicalçados, has said it hopes the South American country will emerge from the current tariff disputes in a good position for claiming a larger share of the US shoe market.

Additional tariff rates for other major shoe manufacturing countries are high. US president, Donald Trump, announced new rates of 49% for Cambodia, 46% for Vietnam, 37% for Bangladesh, 32% for Indonesia, 29% for Pakistan, and 26% for India. 

Following some tit-for-tat escalation, President Trump has now threatened to increase total tariffs on exports from China to 104%.

For Brazil, though, the rate will be 10%. This has led the executive president of Abicalçados, Haroldo Ferreira, to say: “This can make our shoes more competitive in the US.”

He said he hoped to welcome large numbers of US footwear buyers to the forthcoming Brazilian Footwear Show, which will take place in São Paulo from May 19-21 and that this would lead to Brazil gaining a bigger share of the US market than the 0.5% it has at the moment.

But he warned: “We also must realise that Asian competitors are now going to have to find new markets for footwear they will no longer ship to the US. This could bring about a deluge of footwear from Asia into markets that are important for Brazil, and even into our domestic market.”

 

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