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YTD September footwear exports reached 86.2 million pairs

Oct, 11, 2021 Posted by Ruth Hollard

Week 202139

Footwear exports are still on the rise. Data prepared by ABICALCADOS (the Brazilian association of shoe manufacturers) show that between January and September, 86.2 million pairs were exported, generating US$ 618.45 million, increases of 33.7% in volume and 26.3% in revenue compared to the same period last year. Compared with pre-pandemic levels in 2019, the results are 1% higher in volume and 15.7% lower in income. According to ABICALCADOS, with the rise of the dollar, footwear manufacturers can form more competitive prices while maintaining profitability in reais.

September exports totaled 11 million pairs, which generated US$ 77 million of revenue, increases of 35.7% and 46%, respectively, compared to figures for the same month last year. Compared to September 2019, there was an increase in volume (+10%) and a decrease (-8%) in revenue.

Destinations
The main destination for Brazilian footwear abroad continues to be the United States, where 10 million pairs were shipped between January and September, generating US$ 153 million in revenue, with increases both in volume (+52.7%) and in revenue (+41.7%) compared to the same period last year.

Between January and September, the second destination was Argentina, where 9.2 million pairs were exported for US$ 80.6 million, increases both in volume (+79.7%) and in revenue (+57%) compared to the same period last year. Like the United States, exports to Argentina have already surpassed 2019 exports by 26%.

The third-busiest destination in the nine months of the year was France.
The French imported 5.3 million pairs for US$ 42.63 million, an increase of 3% in volume and a drop of 1.5% in revenue compared to the corresponding period of 2020.

Imports from Indonesia and China on the rise

Indonesian drove footwear imports in September, totaling 268,740 pairs for US$ 5.54 million, up 78% in volume and 115.5% in revenue compared to September of last year. Imports from China also registered a significant increase in September. A record-breaking total of 180,600 pairs were imported for US$ 3.66 million, increases of 12.8% and 11%, respectively, compared to the same period of 2020.

Between January and September, footwear imports totaled 16.5 million pairs and US$ 234.73 million, down 23.3% in volume and 7.3% in revenue compared to the same period last year. . The main origin of the period was Vietnam. In the period, 6.7 million Vietnamese pairs were imported, for which US$ 131.8 million were paid, a drop of 14% in volume and 4.6% in revenue compared to the same period in 2020.

Indonesia was second in YTD imports.  2 million pairs were imported for US$ 38.26 million, a 12% drop in volume and an increase of 1.3% in revenue compared to the same period last year.

The third was China. In the nine months, 5.72 million pairs were imported from the Asian giant for US$ 26.4 million, a 5% increase in volume and a 7% drop in revenue compared to the same period last year.

In terms of shoe parts – uppers, soles, heels, insoles, etc. – imports over the nine months totaled US$ 19.35 million pairs, 26.4% more than in the same period last year. The main origins were Paraguay, Vietnam, and China.

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