In August, Brazil exported 15 million square meters of leather, which corresponded to a total of US$ 79.4 million. The data, presented by the Foreign Trade Department (Secex) of the Ministry of Economics, were released by the Center of the Tannery Industries of Brazil (CICB).
Compared with the month of July, the result of Brazilian exports in August represented increases of 20% in value and 19.7% in volume. The accumulated result for the year, from January to August, ended with a total of US$ 596 million.
"The United States is now joining to Italy and China in the recovery of purchases of Brazilian leather, showing that the resumption of demand is becoming more consistent and the markets have been adapting to the restrictions of the pandemic," says the CICB analysis.
The report also states that positive signs are being noticed, both in demand and in shipments, and are strengthening month by month, indicating a second semester much better than the first.
It’s worth remembering that Brazil is one of the largest global players in the leather sector - currently, the country is the third largest exporter in the world. Last year, Brazilian tanneries exported 181.9 million square meters, which generated revenues of US$ 1.15 billion.
"Our space is highly consolidated, but naturally we always have opportunities for improvement, not only in the export but also in the internal market ", says the executive president of CICB, José Fernando Bello.