Cosmetics exports from Brazil climb 13.7%

Exports of toiletries, fragrances and cosmetics from Brazil climbed 13.7% from January to September this year compared to the same period last year, according to trade association Abihpec. Brazilians grossed USD 588.3 million from exports.

Exports saw different moments in the past two months. In August, they hiked 29.9% from August 2021 to USD 78.9 million, while September saw a slight decline of 1.9% from a year ago, to USD 64 million.

See below the track record of exports of Brazilian cosmetic products from Jan 2021 to Aug 2022. The data is from DataLiner.

Exports of Brazilian cosmetics | Jan 2021 – Aug 2022 | TEUs

Source: DataLiner (click here to request a demo)

Abihpec reported that the international trade landscape still poses challenges for stepping up the competitiveness of the Brazilian converting industry, which includes toiletries, fragrances and cosmetics.

The association’s executive president João Carlos Basilio said the sector is still feeling the impacts of the international freight price hikes and sees the need for policies focused on international trade to reduce barriers. But he stresses the resilience of the segment, which achieved relevant export figures.

Hair products were the most exported item by Brazilian companies in September, accounting for USD 14.4 million in revenue, followed by soaps at USD 10.5 million, and oral care products at USD 8.6 million.

Abihpec and the Brazilian Trade and Investment Promotion Agency (ApexBrasil) are carrying out trade internationalization project Beautycare Brazil. Year to date through August, exports from companies that are part of the program reached USD 114.06 million.

Source: ANBA

To read the full original article, please go to: https://anba.com.br/en/cosmetics-exports-from-brazil-climb-13-7/

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