After three consecutive falls in relation to the same months of last year, footwear exports may be entering the route of expected recovery. The dollar at higher levels, despite currency volatility, already shows effects – still modest – on shipments. In the month of April, the sidewalkers exported 8.4 million pairs for $69 million, higher numbers both in pairs (11.7%) and in values (0.8%) over the month four of 2015. With this, in the quarterly, the exporters add 40.26 million pairs exported for US$ 295,83 million, result 2.7% higher in pairs and 4.6% lower in values in the relationship with the same period last year.
The Executive President of the Brazilian Association of Footwear Industries (Abicaladas), Heitor Klein, points out that the slight increase in shipments compared to last April may indicate the resumption of shipments. "We expected a recovery early in the year, but Brazil's economic and political problems delayed this moment," says the executive. According to him, the exchange rate oscillation, caused by uncertainties in the national political and economic context, has brake the momentum of exports. "We hoped, with a definition of the political issue, to stabilise the exchange rate, which could give more consistency for a recovery of shipments over 2016," says Klein.
Source: Exportnews;