• 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Your email address will not be published.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

Carioca Fernanda has won Brazil

After being the disco queen for a generation of teens in the 80’s Fernanda ...

Brazil’s Lula Signs Law Creating Housing Fund for the Poor

The law creating Brazil’s National Social Interest Housing Fund and regulating the National Social ...

For These Palestinian Refugees Brazil Has Become the Promised Land

Hana Teisir, 20, works at one of the main beauty parlors in the small ...

Progress Should Spare Brazil’s Severinos

In front of the luxury hotels on Porto de Galinhas beach in southern Pernambuco ...

Goods Brazil, a Just-for-Arabs Brand

While awaiting the result of a public tender in Egypt, for the export of ...

Brazilian Doctor Is Charged with Manslaughter in the US and May Get 20 Years in Jail

The Brazilian doctor Luiz Carlos Ribeiro, 49, and his wife Ana Maria Miranda Ribeiro, ...

NGO Urges Brazil to Control Haiti’s Police

Brazil’s Minister of the Special Secretariat for Human Rights, Nilmário Miranda, had a meeting ...

Concession of Highways and Railroads Is No Privatization, Says Brazil President

Brazilian president Dilma Rousseff and Finance minister, Guido Mantega, both denied that the announced ...

It’s a Record. Brazil Makes US$ 4 Billion in Tourism.

Tourism will earn Brazil a recording-breaking US$ 4 billion in 2004, corresponding to the ...