Arabs have bought 2.7 million shoe pairs from Brazil
16 de setembro de 2017
São Paulo – The Arab countries imported 2.7 million shoe pairs from Brazil from January to August of this year, according to data from the Ministry of Industry, Foreign Trade and Services (MDIC). Information released this week by the Brazilian Footwear Industry Association (ABICALÇADOS) shows that the United Arab Emirates was the largest buyer in the region with 930,000 pairs, 60% of the total that the Arab market has bought from Brazil.
Both the region’s total imports and the UAE imports dropped over the same period of last year. The decline in general reached 24.8%, while the decline in purchases by the United Arab Emirates was of 25.3%.
Among the ten largest Arab importers of Brazilian footwear in the period, Saudi Arabia, Lebanon, Bahrain, Libya and Morocco also decreased their purchases. The countries that increased purchases were Kuwait, Algeria, Oman and Syria. The Saudis were the second largest market with 738,800 pairs, with Kuwait coming in third with 300,000 pairs.
Egypt, Mauritania, Qatar, Tunisia, Iraq, Jordan and Palestine also bought Brazilian footwear from January to August, but in smaller volumes.
Shipments done by Brazilian footwear industries to the Arabs generated revenues worth USD 24.4 million year-to-date. The amount was 22% less than 2016’s first eight months, when revenues reached USD 31 million. Sales to the UAE generated USD 8.8 million in revenues, against USD 11.7 million in the same months of 2016.
Despite the decline in exports to the Arabs, total foreign sales of footwear from Brazil increased from January to August, according to ABICALÇADOS. Revenues reached USD 699 million and increased 70% over the same months of 2016. The volume shipped increased 61.2% to 76.9 million shoe pairs. The average price of the pair exported was USD 9.09.
*Translated by Sérgio Kakitani