Brazil’s footwear industry export revenue grows 67.5% in 2022

Data by the Brazilian Footwear Industries Association (Abicalçados) indicates that, between January and June, footwear industry exports totaled 75 million pairs, generating US$ 651.6 million in revenue. These figures correspond to a growth of 31.3% in volume and 67.5% in revenue compared to the same period in 2021.

In June, exports totaled 10.7 million pairs and US$ 112.9 million, up 37.6% in volume and 72.5% in revenue.

According to the chief executive of Abicalçados, Haroldo Ferreira, the numbers indicate a full recovery back to the pre-pandemic activity levels. In terms of revenue, the semester was 35.6% better than the same period of 2019 and 30.9% in terms of pairs sold.

Ferreira points out that sales to the United States and neighboring countries, such as Chile, excel in exports. “The United States, the main destination for footwear exports, has already doubled the volume imported. In the case of Chile, shipments increased by almost 120,” he says in a note sent by the association to Valor.

See below the track record of footwear exports from Brazil in the period between January 2019 to May 2022. The data is from DataLiner.

Footwear exports from Brazil | Jan 2019 – May 2022 | TEU

Source: DataLiner (click here to request a demo)

With 46% of the total generated by footwear exports, Rio Grande do Sul is the largest exporting state in the country. In the first half of the year, the Rio Grande do Sul factories sold 21.67 million pairs, which generated US$ 299.4 million, up 54.3% in volume and 79.5% in revenue compared to the first six months of 2021.

The second-largest exporter in the sector is Ceará. Between January and June, the footwear industry in Ceará shipped 22.5 million pairs, which generated US$ 142.9 million, up 25.3% and 49.7%, respectively, compared to the same period last year. São Paulo follows in third, with 4.9 million pairs for US$ 64.9 million, increases of 15% and 50.5%.

Source: Valor Econômico

To read the full original article, please go to: https://valor.globo.com/empresas/noticia/2022/07/07/receita-de-exportacao-da-industria-de-calcados-brasileira-cresce-675percent-no-semestre.ghtml

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