Brazil’s leather exports down, but finished leather shipments up

14/02/2017
Figures from Brazil’s department of overseas trade show that in the first month of 2017 tanners and traders there exported hides and skins worth $150.6 million. In terms of volumes, shipments for January 2017 reached just over 14.7 million square-metres of material.

Year-on-year comparisons show a fall of 1.2% in value and of 4.2% in volume.

Brazil’s main tanning industry association, CICB, said on announcing the figures that the depreciation of the US dollar in relation to the real and a downturn in leather consumption in China (the most important market for Brazilian raw material with a share of 28.3% of value in January 2017) were the main reasons for the decline.

The statistics for exports of finished leather offered better news. Tanners shipped finished leather worth more than $90.4 million in January 2017, with volumes of more than 11.3 million square-metres. These figures indicate an increase in value of 10.1% compared to the same month in 2016 and a rise in volume of 4.1%.