Mexico’s leather exports grow in value in the first eight months

11/11/2015
Official figures from Mexico’s overseas trade promotions body, Cofoce, put the country’s export earnings from leather at $186.3 million for the first eight months of 2015. This figure represents year-on-year growth of almost 5.5%.

Almost 70% of the total is attributable to shipments of leather from tanneries in the state of Guanajuato. However, tanners there have reported declines in some market segments. Most notable, perhaps, is a 12% decrease in exports of wet blue. In the January-August period in 2015, exports of wet blue constituted 29.9% of total tanning sector export values, with $38.2 million.

Another segment to see a decline among Guanajuato leather exports was shipments of exotic leather, which fell in value by almost 50% over the eight-month period.