Brazilian leather exports remain high

Brazil
Published:  20 June, 2014

Brazilian wet-blue, crust and finished leather exports in May totaled US$258.8 million according to information from the Department of Foreign Trade – Ministry of Development, Industry and Foreign Trade (MDIC) in Brazil. The number represents an increase of 12.9% in comparison with the same month last year, bringing the yearly accumulative total to US$1.22 billion, a growth of 22.8% in relation to the same period in 2013.

The Department of Intelligence from the Centre for the Brazilian Tanning Industries (CICB) analysis of the data released by MDIC, underlines the continuing demand for leather produced in Brazil, especially finished leather. “May represents the highest value of finished leather exports ever (US$142 million), with an increase of 14.6% in comparison to the same month in 2013”, says Executive President of CICB, José Fernando Bello.

Significant increases in exports to Japan (+251%), Uruguay (+195.7%), South Africa (+135.7%) and Malaysia (+101.1%) have been highlighted in the data. Traditional markets such as China and the US have also confirmed growth, with increases of 31.1% and 12.4% respectively, while Italy registered a decline of -8.3%.

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