Footwear exports total more than US$ 219 million in the two-month period
Apr, 13, 2023 Posted by Sylvia SchandertWeek 202318
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicate that, in the first two months of the year, 26.77 million pairs were shipped, which generated US$ 219.78 million, a decrease of 2.9% in volume and an increase of 5.1% in revenue compared to the same period last year. Segregating only the month of February, exports totaled 12.14 million pairs for US$ 101.85 million, decreases in both volume (-10.6%) and revenue (-5.6%) compared to February 2021.
The CEO of Abicalçados, Haroldo Ferreira, assesses that the drop registered last month is due to the reduction of shipments to the United States, the main destination for Brazilian footwear abroad, and the slowdown in the world economy. “Brazilian shipments to the United States have been declining since the second half of 2022, following a trend of general reduction in imports from that country,” he said. According to the executive, the North American market is going through a moment of retraction, rising inflation and inventory growth. “Last year, footwear imports grew by more than 33%, much more than North American retail in the period (+1.1%),” he adds.
State
In the two-month period, the main footwear exporter in Brazil was Rio Grande do Sul. In the period, Gaucho factories shipped 5.78 million pairs abroad, which generated US$ 87.84 million, decreases in both volume (-16.5%) and revenue (-3.6%) compared to the same period in 2022.
The second exporter of the sector in the period was Ceará, from where 10,57 million pairs left that generated US$ 64.94 million, increases in both volume (+1%) and revenue (+10.3%) in relation to the same interval of 2022.
In the third position among shoe exporters appeared Paraíba. In the two-month period, Paraiba factories shipped 5.18 million pairs, for which they received US$ 19.5 million, increases of 17.5% in volume and 51% in revenue in relation to the same period last year.
In the fourth position appeared São Paulo. In the two months, 1.2 million pairs left São Paulo factories for abroad, which generated US$ 18.42 million, a decrease of 5.6% in volume and an increase of 2.6% in revenue compared to the same period in 2022.
Destination
In February, for the first time in 27 years, that is, in the entire historical series, Argentina imported more Brazilian footwear than the United States. In month two, the hermanos imported 961.6 thousand pairs of shoes for US$ 17.3 million, increases in both volume (+8.2%) and revenue (+51.3%) compared to the same month of 2022. In the two-month period, the hermanos imported 1.7 million pairs for US$ 30.12 million, increases of 1.8% and 66.4%, respectively, compared to the same period last year.
With decreases recorded in both volume (-62.4%) and revenue (-50.7%) in February, compared to the corresponding month of 2022, the United States imported 879.2 thousand yellow-green pairs, for which they paid US$ 17 million. In the two-month period, Brazilian factories shipped 2.14 million pairs there, which generated US$ 40.43 million, down 47.7% and 33%, respectively, compared to the same period last year.
Spain is another surprise in the ranking for the month of February, having overtaken France in third place among destinations. Last month, the Spaniards imported 2.35 million pairs, for which they were paid US$ 7 million, expressive increases of 492.7% in volume and 473.6% in revenue in relation to month two of last year. In the accumulated, the Spaniards add the import of 4.4 million yellow-green pairs for US$ 13.9 million, increases both in volume (+259%) and in revenue (+237%) compared to the same period of 2022.
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