Brazil: China is main market for Brazilian leather exports in 2007

25 January 2008

Sao Paulo, Brazil, 25 Jan – Brazilian leather exports exceeded US$2 billion for the first time in 2007, with China as the main market, according to the Brazilian association for the leather curing industry, CICB.

China absorbed 33 percent of sales of Brazilian leather essentially for the Chinese furniture and car industries.

The second biggest market for Brazilian leather (28 percent) was Italy (28 percent), followed by the United States (11 percent).

“For the first time our sector exported more than the footwear sector, having contributed over 15 percent in obtaining foreign currency for Brazil,” the chairman of the CICB, Luiz Bittencourt told Macauhub.

“China was always our main market and the best thing is that this rise caused no loss to the supply of our domestic market, despite the footwear sector having reduced its use of leather an increased the use of synthetic materials, which are cheaper,” he said.

Brazilian leather exports in 2007 rose 17 percent against 2006 – from US$1.87 billion to US$2.19 billion, according to the CICB.

For 2008, Bittencourt said he expected, “the international market to continue active and the sector to continue generating increasing revenues for Brazil.”

The CICB (Centro das Indústrias de Curtumes do Brasil) is a federative association and represents around 800 industries employing over 50,000 people, with an estimated GDP of US$3.5 billion. (macauhub)