• Categories
  • Archives

Despite NAFTA Losses Brazil Footwear Sector Grows

Brazil’s Minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, affirmed that, despite its difficulties, the Brazilian leather and footwear sector registered last year US$ 80 billion in export revenues and positive domestic results, which means that 2005 was a year of growth.

Furlan highlighted the export and domestic market performances and remarked that losses were confined to the NAFTA (North American Free Trade Area), where sales were down US$ 90 million, equivalent to 23 million pairs of shoes, and Chile and Argentina, each with declines of a million pairs.

Nevertheless, in the markets where the Exports and Investments Promotion Agency (Apex-Brasil) was active, sales volume and revenues increased, the minister announced at the opening of the 33th International Footwear, Sporting Goods, and Leather Goods Fair (Couromoda), in São Paulo.

According to Furlan, the economy’s overall export target this year is US$ 132 billion.

This year’s Couromoda, which happened earlier this month, in São Paulo, in the Brazilian southeast, had 1,200 exhibitors, who account for 90% of Brazil’s annual production of around 700 million pairs of shoes.

Approximately 3,000 brands of all types of leather and footwear merchandise were on display. Participants came from 15 Brazilian states, and there were 18 foreign exhibitors. Buyers came from all over the country and the world.

ABr

Tags:

  • Show Comments (1)

  • Guest

    Furlan, stop to sniff your sockets !
    The Brazilian export footwear sector cannot, could not and will not export
    US$ 80 billions in ONE YEAR, Not even producing such an amount for internal consumption !
    This would represent around 70 % of ALL your exports !
    Non sense as usual.
    Strange that errors are always in the same side never on the opposite side !

    Cachaˤa is dangerous for your brains !

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Fearing Brazil’s Foot and Mouth Disease Uruguay Steps Up Sanitary Controls

Uruguay stepped up border sanitary controls in anticipation of "unpleasant" surprises following at least ...

Brazil Closer to Legalizing Abortion Up to 22nd Week of Pregnancy

A commission created in April to debate changes in the country’s abortion legislation decided ...

Brazil Forbids Sale of Convenience Goods in Pharmacies, But Rule Is Ignored

Starting this Thursday, February 18, new rules from Brazil’s National Health Surveillance Agency (Anvisa) ...

Nigerians in Brazil to Strengthen Oil Ties

A Nigerian delegation made up of lawmakers and entrepreneurs visited port installations in Rio ...

Brazil Claims Its Credit Worthiness is Better than the US’s. Not so fast!

Brazil’s minister of Finance, Guido Mantega, said this Wednesday, June 15, that the risk ...

Brazil’s Ethics Council Gives Whistle Blower Congressman the Boot

The Ethics Council of Brazil’s Chamber of Deputies voted unanimously, 14 to 0, in ...

Brazilian Industry Raises Brazil’s 2006 GDP Growth Estimate to 3.7%

The Brazilian National Confederation of Industry (CNI) raised its estimate for this year’s growth ...

Brazilian movie Money on the $ide

Miami Festival of Brazilian Movies to Show 15 Feature and 10 Short Films

After a successful 10th anniversary, the Brazilian Film Festival of Miami is back for ...

Brazil Starts US$ 1.6 Billion Road-Patching Job

In his radio program, Breakfast with the President, Luiz Inácio Lula da Silva spoke ...

Brazilian sugarcane cutter

Japanese Biofuel Project in Brazil Creates 50,000 Direct Jobs

The project is of colossal dimensions. It is the largest irrigation work in northeastern ...