GLOBAL LEATHER INDUSTRY NEWS Brazilian Footwear Exports record positive growth in Ql of FY19

摘要

Brazil Footwear Exports witnessed a dip of 7.7 percent and 9.4 percent in volume and value terms respectively in March of current fiscal compared to corresponding period a year ago,as per the data revealed by the Brazilian Footwear Industries Association(Abicalcados).The sector exported 9 million pairs worth US $83.9 million in the month of March.However,despite the setback,the first quarter of the current financial year registered a positive growth.The quarter from Jan to March witnessed shipping of 35 million pairs crossing US $267.1 million,up by 14.9 percent in volume and 6.4 percent in revenues as against the same quarter of FY'18.The major export destinations for Brazilian footwear were US followed by Argentina and France during the quarter.The country shipped 3.97 million pairs to US generating US $54.27 million.Meanwhile,Argentina imported 1.78 million pairs of shoes worth US $23.23 million.For France,the footwear import number stood at 2.87 million pairs grossing US %$16.28 million.