Brazilian leather exports registered an increase of 2.3% in October. Figures reveal that Brazil has sold US$161.9 million to the foreign market (growth of US$3.6 million in comparison to October 2015).
In relation to September, the high was even greater: an increase of 7.4% in value. Figures come from the Department of Foreign Trade from the Ministry of Development, Industry and Foreign Trade (MDIC), with further analysis from the Department of Commercial Intelligence at CICB (the Centre for the Brazilian Tanning Industry).
October also reveals another interesting fact, as highlighted by executive president of CICB, José Fernando Bello: the high in value was opposite to the area sold, which had a decrease of 9% in relation to October last year.
“It’s a very positive information, a result of the recovery of the international market and the growth in finished leather exports, which has more aggregate value”, says Bello.
Leather in its finished and semi-finished stages accounts for almost 70% of Brazilian sales to importers in 2016, registering during the period a high in volume sold of 12.2% and 84%, respectively.
In 2016, Rio Grande do Sul tops the ranking of the main Brazilian exporter states, answering to 21.6% of total exports. São Paulo runs second, with 20,8%, followed by Goiás with 14.9%.