INCOME FROM BRAZILIAN FOOTWEAR EXPORTS GREW BY 8%
Despite the decrease in sales volumes, revenues from the export of shoes in Brazil grew by 8% to $ 770 million in the first five months of this year compared with the same period in 2004, as the study of Brazilian Footwear Industry Association (Abicalçados) .
Revenue rose mainly as a result of 20% rise in prices for export shoes, says association president Els Yakometti (Elcio Jacometti).
Due to the sharp rise in the price of the main buyers of Brazilian shoes shoes are moving their orders for delivery of shoes to other countries, particularly in China, rather than endure the severity of the price burden on domestic consumers, says Mr. Yakometti. As a result, the volume of exports fell by 10% to 89.6 million pairs, compared with last year.
The U.S. remains the largest buyer of Brazilian shoes, but the revenues from sales still fell by 7% to $ 380 million in the first five months of this year. Sales volumes fell by 22%.
Mexico, the fifth largest buyer of Brazilian shoes, also reduced the volume of imports during the same period by 26%, leading to a decline in sales of 20%. Revenue from sales in Canada fell by 19% and exports - 13%.
Such a fall in exports was reflected in the work of factories across the country, says Mr. Yakometti. For example, in the 19 districts of Rio Grande do Sul has been reduced more than 11 000 jobs.
#39;Hardest hit small businesses#39;, - says Mr. Yakometti, explaining that smaller sales depend on the number of applications that have passed through traders rather than from sales in international markets. Inf. fibre2fashion
