Assintecal announces 6% increase in export values in Q1

10/05/2016
Brazil’s footwear components sector achieved export earnings of just over $150 million in the first quarter of 2016, according to figures from industry association Assintecal.

This figure represents a year-on-year increase of 6%. Argentina, Germany, the US, China, and Mexico were the main overseas markets for Brazilian footwear components over the three-month period.

“Exports are the way for our industry to be able to redress its trade balance and get around the instability in the domestic market,” said Assintecal president, Milton Killing, on announcing the figures. “There is a growing appreciation in the international market for Brazilian products.”

He said the three main reasons for this are the value for money Brazilian products represent, the creativity of Assintecal member companies and the levels of customer service they can offer.