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France posts 20% fall in leathergoods export revenues

Just as they were for the country’s tanners, the first four months of 2020 were also difficult for leathergoods manufacturers in France.

Figures published by industry body the Conseil National du Cuir show total leathergoods export earnings for the four months of more than €2.1 billion, a fall of 20% year on year.

Exports of handbags contributed €1.2 billion of this, down by 23%. Small leathergoods held up well, earning export revenues of €432.9, a fall of just 3% compared to the first four months of 2019. Finally, leather watch-straps brought in €45.2 million in export revenues, down by 14%.

French leathergoods still have a strong trade surplus. Imports in the first four months of 2020 had a value of €908.9 million.

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