News

Footwear exports decrease in march

Data managed by the Brazilian Footwear Industries Association (Abicalçados) indicate that in March footwear exports decreased by 7.7% in pairs and by 9.4% in revenues in comparison with the same period last year. In the third month, 9 million pairs were shipped, generating US$ 83.9 million. Even with the setback, the industry registered a positive performance during the quarter, when 35 million pairs were exported for US$ 267.1 million, a 14.9% increase in volume and a 6.4% increase in revenues in comparison with the same period of 2018.

According to Abicalçados' executive president, Heitor Klein, the result in March was influenced by the decrease of sales to the Argentinian market.  Last month, Argentina imported 50% less in dollars and 34.9% less in volume in relation to March 2018, registering the purchase of 880 thousand pairs for US$ 10.96 million. "The slowdown in domestic consumption, coupled with the containment measures for imports imposed by the IMF, has led to a decrease in exports to that country since the second half of last year," says the executive. The constant exchange rate fluctuations, which hinder the setting of prices, also influenced the setback. 

 

Destinations

The main destination of shipments of Brazilian shoes during the quarter was the United States. To that country, 3.97 million pairs were shipped, generating US$ 54.27 million, increases both in volume (41%) and in revenues (43.9%) in relation to the same period last year.

The second destination over the year was Argentina. During the period, Argentinian companies imported 1.78 million pairs, for which US$ 22.23 million were paid, decreases both in volume (-25.5%) and in revenues (-43.2%) in relation to the same period of 2018.

In the first three months of the year, the third destination of the Brazilian product abroad was France, to 2.87 million pairs were shipped, generating US$ 16.28 million. There was a 4.2% increase in pairs and a 10.9% decrease in revenues in relation to last year.

 

Origins

The main footwear exporter during the quarter was the state of Rio Grande do Sul, from 7.95 million pairs were shipped, generating US$ 118 million, a 15.5% increase in pairs and a 3.9% increase in revenues in comparison with the same period of 2018.

The second largest exporter during the period was the state of Ceará. The state shipped 14.15 million pairs for US$ 79.33 million, an 11.7% increase in volume and an 18.6% increase in revenues in relation to the first quarter of 2018.

The third largest exporter during the quarter was the state of São Paulo, from 1.79 million pairs were shipped for US$ 24.59 million, a 23.1% increase in volume and a 0.5% decrease in revenues in comparison with the same period last year.

 

Imports

Between January and March, 9 million pairs came into Brazil, for which US$ 93.5 million were paid, a 3.5% increase in volume and a 7.4% decrease in revenues in relation to the same period last year. The main origins are still Asian countries. Vietnam, which accounted for over 30% of the shoes that came into the country, exported 2.8 million pairs to Brazil, for which US$ 45.62 million were paid, decreases both in volume (-16.3%) and in revenues (-18.6%) in relation to the same period of 2018.

The second origin of Brazilian imports was Indonesia, from 1.3 million pairs were shipped for US$ 19.38 million, a 22.8% increase in volume and a 9% increase in revenues in relation to last year.

The third origin was China, which exported 4 million pairs to Brazil, for which US$ 12.97 million were paid, 18.3% and 3.4% increases, respectively, in relation to the same period of 2018.

In footwear parts – uppers, soles, heels, insoles etc. – the equivalent to US$ 9.36 million came into Brazil during the quarter, 51.2% less than during the same period last year. The main origins were China, Paraguay, and Vietnam.