Brazil adds value
13/12/2007
Brazil's leather industry is predicting record export figures for 2007.
With only a few weeks of the year left, the sector expects exports to reach $2.3 billion, a 23% rise on the same figure in 2006 and an all-time record.
However, one of the most important contributory factors to this has been an increase in the proportion of leather exported from Brazil as finished or crust. This accounts for 65% of the total, which defies recent suggestions that more and more leather was leaving the country as wet blue, for which dealers in countries such as China were paying good prices in quick time.
Ten years ago, only 40% of Brazilian leather exports were finished or semi-finished.
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