Brazilian leather exports up in February
10/03/2011
“Our hide exports for the first two months of the year had a value of $302.7 million,” said CICB president, Wolfgang Goerlich, “which is up by 29% on the same period in 2010 and by 104% compared to the first two months of 2009, but it’s still 16% below the levels achieved in 2008. The development of the leather sector here is being compromised by the ongoing over-valuation of our currency, the real, added to the cost of doing business in this country.”
In spite of this, Mr Goerlich said the tanning industry in Brazil is working hard to be as competitive as possible to make sure Brazilian leather remains attractive in the international marketplace, especially in the sectors with the highest added value.