Brazilian cosmetics sector exports up 16%
Aug, 15, 2021 Posted by Ruth HollardWeek 202132
The Brazilian personal hygiene, perfumery, and cosmetics sector exported US$ 332.7 million in products in the first half, an increase of 16% over the same period in 2020. The data were released on August 11th by ABIHPEC (the Brazilian association of personal hygiene, perfumery, and cosmetics industries).
According to the institution, the growth in this second year of the pandemic was mainly driven by haircare products. In this niche, revenue from international sales was US$ 73.9 million. Deodorants accumulated US$ 37.7 million in exports.
According to ABIHPEC, the scenario is influenced by June indicators, considering that for the first time in 2021, a surplus of around US$ 500,000 was registered in the trade balance.
Among the most exported products in June were US$ 13.5 million of soaps, US$ 12.9 million of haircare products, and US$ 7.2 million of deodorants. The increases in these markets were 3%, 43.8%, and 34.8% respectively compared to the same period of the previous year.
Source: ANBA – Brazil-Arab News Agency
To read the full original article, visit the link:
https://anba.com.br/setor-de-cosmeticos-do-brasil-exporta-16-mais/
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