Footwear: Negative results in first quarter
In the first quarter of 2024, Brazilian footwear exports reached 27.6 million pairs, marking a 28% contraction compared to the same three months of the previous year.
In terms of value, the US$ 253.3 million represented a 22.8% decrease in business, according to data provided by ABICALÇADOS and information from SECEX.
One of the causes of this performance in exports is the decrease in shipments to certain markets in Latin America and to the United States, a niche that is being exploited by Asian countries, as detailed by Haroldo Ferreira, executive president of the entity.
In this regard, the executive added: "However, our main setback has been in Argentina, our second international market."