Footwear exports to the United States stand out in September15/10/2019
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 8.6 million pairs were shipped in September. They generated USD 73.47 million, a 12.8% decrease in volume and a 2.5% increase in revenues in comparison with the same month last year. With the result, between January and September footwear manufacturers totaled 83.3 million pairs exported, which generated USD 718.1 million, a 5.6% increase in volume and a 2.6% increase in revenues in relation to the same period of 2018.
The United States stood out in September. Historically the main destination of Brazilian shoes abroad, the country imported 992.8 thousand pairs for USD 14.24 million, a 122% increase in volume and a 68% increase in revenues in relation to the same month of 2018. In the first nine months of the year, the Americans totaled 8.9 million pairs imported, generating USD 150.23 million, an increase in both volume (38.4%) and dollars (38.1%) in relation to the same period last year. The development, according to Abicalçados' executive president, Haroldo Ferreira, is predictable, especially due to the trade war between the United States and China. "The fact makes U.S. importers look for shoes outside China, which ends up benefiting us at first," he explains.
Even in recession and with international reserves at a low level, Argentina remains the second destination for Brazilian shoes abroad. In September, Argentines imported 1.25 million pairs for USD 11.38 million, a 12% increase in volume and a 1.7% decrease in dollars compared to the corresponding month last year. Over the nine months, the country bought 7 million pairs for USD 77.14 million, a 25.5% decrease in volume and a 32.9% decrease in values in relation to 2018.
The third destination of the Brazilian product abroad was France, which imported 385.17 thousand pairs in September for USD 2.62 million, decreases in both volume (-70.4%) and revenues (-22.3 %) in relation to the same month last year. Therefore, the French totaled 5.32 million pairs imported in the nine months, for which they paid USD 42.23 million, a 0.4% increase in volume and a 2.6% decrease in values in comparison with the corresponding period last year.
The main exporter during the nine months of the year is still the state of Rio Grande do Sul. Enhanced by the shipments to the United States, the exports of that state totaled 22.6 million pairs for USD 332.97 million, a 13.7% increase in volume and a 4.5% increase in revenues compared to the same period last year.
The state of Ceará was the second main origin of Brazilian footwear exports. During the nine months, factories from that state shipped 28.3 million pairs, generating USD 173.58 million, a 0.2% decrease in pairs and a 5.2% increase in revenues in relation to the same period of 2018.
The third origin of footwear exports was São Paulo. Throughout the year, the state shipped 5.72 million pairs for USD 76.79 million, an 8.2% increase in volume and a 2.4% decrease in revenues compared to the same period last year.
Footwear imports also increased in September. In month nine, 2.6 million pairs came into Brazil for USD 42.26 million, a 28% increase in volume and a 47.7% increase in values in comparison with the corresponding month of 2018. With the result, imports during the nine months totaled 22.2 million pairs and USD 288.97 million, a 2% increase in volume and a 4.8% increase in values in relation to the same period last year.
The main origins during the year were Vietnam (9.28 million pairs and USD 143.8 million, 3.7% and 6.9% decreases, respectively, compared to 2018), Indonesia (3.74 million pairs and USD 59.42 million, 22.1% and 19.3% increases, respectively), and China (6.73 million and USD 37 million, a 1.1% decrease in pairs and a 25.8% increase in dollars). "The increase in imports from China is also due to the trade war between the Asian country and the United States, as China ends up pulverizing its shipments to alternative countries, such as Brazil," Ferreira explains.
In footwear parts – uppers, soles, insoles etc. – imports totaled the equivalent to USD 8.5 million, 43.2% less than in the same period in 2018. The main origins were China, Vietnam, and Paraguay.