• Categories
  • Archives

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

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:

  • Show Comments (0)

Your email address will not be published.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

US$ 7.782 bi: Brazil’s Foreign Trade Surplus is 40% Down in 2012

Brazil had a foreign trade surplus of US$ 89 million for the week between ...

Brazil Solves HIV Puzzle

Brazil’s ability to identify the AIDS virus was the result of genetic mapping. The ...

Mercosur Asks in Brazil: Where’s the Money for Haiti?

A joint communiqué from the Mercosur summit, which took place on Friday in Ouro ...

Chico of the Spirits

Chico Xavier became a household name in Brazil during the 30s. By then, the ...

Most Foreigners Invest in Manufacturing in Brazil

The manufacturing industry was the sector that most attracted investments to Brazil, in the ...

Only a Civic Guerrilla War Can Save Brazil

Brazilians will not be able to explain to future generations why the people who ...

2010: Brazil’s Exports to Grow 12% and Imports 24%

Exports from Brazil should reach around US$ 170.7 billion in 2010, with growth of ...

Matte Leão, a traditional

Brazil’s Centenary Matte Leí£o Has Joined the Coke Family

In an eloquent demonstration of its apparently insatiable thirst for Brazilian companies, Coca-Cola has ...

Low Inflation in US Boosts Brazilian Market

Brazilian and Latin American markets leapt along with U.S. shares, after tame U.S. CPI ...

In Ten Years Brazil Frees 17,000 Slave Workers

Brazil’s Ministry of Labor’s Special Mobile Inspection Group (Grupo Especial de Fiscalização Móvel do ...