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Preliminary leather export values for wet-blue, crust and finished leather for May 2014 have been published by the Brazilian Department of Foreign Trade – Ministry of Development, Industry and Foreign Trade (MDIC). They show that leather exports from Brazil still remain firm.
According to the figures, leather exports in May 2014 reached a total of value US$258 million, taking the yearly accumulative figure (Jan.-May) up to US$1.22 billion, says the Department of Intelligence of the Centre for the Brazilian Tanning Industry (CICB).
“The numbers show that Brazilian leather has maintained a steady position in the international market, always seeking to diversify into new markets”, says Executive President of CICB, José Fernando Bello. Bello also said that underlying figures also show an increase in exports especially for finished leather, which has been the main focus of the Brazilian Leather Campaign in 2014 and adds greater value to leather exports.
The leather sector export figures account for 1.3% (in value) of the entire Brazilian economy export figures in 2014 and underlines how important the leather industry is to the country’s economy.