Brazil’s January hide exports 19% higher than December

10 February 2023

The data was presented by the SECEX (Secretariat of Foreign Trade) of the Ministry of Industry and Foreign Trade and analyzed by the CICB,

As for the total exported in square meters, 14.5 million were shipped in January, up 32.6% over December, and 19.9% over January last year, when the total was 12.1 million m2.

China remains the leading buyer of Brazilian hides and skins with a 33% share of the total value and 44.3% in terms of area. This is 21.6% higher in value than the same month last year, and 41.7% higher in area. The US is second with a 16.3% share in value, and with 8.2% in area.

The most important data element is January was the increase in shipments to China, with an emphasis on Wet Blue, which is the main product Brazil's sector exports there. In volume, the increase in WB was 137%. The other stages of leather show declines for China, with the exception of Finished leather, which had a slight increase of 1.1%.

Last year had many challenges and this meant that 2022 ended with declines in values and volumes in total exports compared to the previous year.  Indicators and news, although still incipient, show positive signs that affect exports throughout 2023.

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