Brazil’s footwear exports set to exceed 100 million pairs

Brazilian footwear companies have exported just under 100 million pairs of shoes so far in 2017, according to the latest figures from footwear association Abicalçados.This figure represents a 3.5% increase compared to the period from January-October last year. These exports were worth $890 million, 13.3% more than at the same point of 2016.

In October 11.6 million pairs were exported, making it the best month of the year so far. They were worth $93.56 million. These figures represent year on year increases of 20.6% in volume and 12.3% in value.

The executive president of Abicalçados, Heitor Klein, said this strong performance can be attributed to orders secured due to the participation of Brazilian companies in international trade events.

Earlier this week, Abicalçados revealed that the activities of the Brazilian Footwear project, which it runs alongside export agency Apex-Brasil, are expected to generate footwear exports worth nearly $200 million through the course of 2017. This represents around 20% of the total amount.