Brazil Leather Exports Grow 42% Thanks to Italy, China and US

Brazzil Magazine covers

Tannery Leather exports from Brazil totaled US$ 104.41 million in January, representing growth of 42% in comparison with the same month of last year. Volume-wise, shipments grew by 21% using the same basis of comparison.

The figures were supplied by the Confederation of Brazilian Hides and Skins Industries (CICB).

One of the countries whose imports of the Brazilian product increased the most is Tunisia, to which sales were 48.5 times greater and totaled US$ 566,450.

The leading target markets were Italy, with US$ 27.94 million (26.77% share and growth of 34% compared with the same month of 2009); China, with US$ 23.25 million (22.27% share and 55% growth); the United States, with US$ 10.43 million (10% share and 130% growth); and Hong Kong, with US$ 9.25 million (8.87% share and 12% decline).

According to the CICB’s forecasts for this year, exports should reach US$ 1.4 billion, representing growth of 27% over 2009. According to the president of the organization, Wolfgang Goerlich, the figure is still lower than sales in 2007, which totaled US$ 2.2 billion.

In order to boost Brazilian leather, the CICB, in partnership with the Brazilian Export and Investment Promotion Agency (Apex), promotes the Brazilian Leather program, which supports the participation of companies in international trade fairs.

According to Goerlich, foreign actions are important to help revert the scenario of decline that the industry experienced last year, when sales totaled US$ 1.16 billion, as against US$ 1.88 billion in 2008.

Anba

Tags:

You May Also Like

Brazzil Magazine covers

Why Is Brazil’s Lula Unbeatable? It’s the Economy, Stupid!

Incumbent President Luiz Inácio Lula da Silva is campaigning for a second term in ...

Brazzil Magazine covers

Brazil’s Supreme Upholds Censorship of Renowned Daily O Estado

The Brazilian Federal Supreme Court, the highest ranking court in Brazil, ruled against an ...

Brazzil Magazine covers

Embraer 190 Declared Air Worthy by Brazil

Embraer, Brazilian aircraft manufacturer, received the certification from the Aerospace Technical Center (CTA), of ...

Brazzil Magazine covers

For Decades Brazilian Children of Slaves Resist Eviction Among Rio’s Mansions

In front of Lagoa Rodrigo de Freitas in Rio de Janeiro, with a view ...

Brazzil Magazine covers

Brazil Rises Anticipating Interest Cuts

Latin American markets ended mixed. While profit-taking and weakness in the U.S. weighed on ...

Brazzil Magazine covers

Asia’s Need for Food Gives Brazil’s Rio Grande do Sul a Boost

The southernmost Brazilian state of Rio Grande do Sul saw its exports grow 22% ...