Panel SA: Export of Brazilian Footwear Advances Driven by the United States

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Exports of Brazilian shoes grew this year and surpassed the levels observed before the pandemic in 77 destination countries, with the United States market ahead, according to Abicalçados, an association in the sector.

Up to November, 111 million pairs were shipped abroad, 30% more than in the same period last year and almost 6% above the 2019 results. Revenue reached R$ 4.5 billion, of which a quarter came from the USA.

In November alone, 11.7 million pairs were exported, totaling R$ 521 million. The volume grew 22%, while billing advanced 74.5% compared to the same month last year, according to the entity.

According to the executive president at Abicalçados, Haroldo Ferreira, the advance in exports to the United States, which sought other suppliers during the pandemic, has increased the shipment of leather shoes. The product has greater added value and, as a result, raises the average price of Brazilian footwear abroad. He says that Latin America mainly consumes synthetic material shoes.

More than 160 countries import from Brazil. The main destination of the year was the United States. From January to November, North Americans bought 12.3 million pairs, totaling around R$ 1.1 billion. The volume is almost 60% higher than that registered in the same period in 2020.

Argentina appears in second place in the list of buyers. The neighboring country traded R$564 million in 11.8 million pairs of shoes — a 68% increase over last year’s. Next comes France, which imported 7 million pairs in 11 months, for R$ 316 million.

with Ricardo Balthazar (interim), Andressa Motter e Ana Paula Branco

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