08 Years Ago, Leather Exports In Brazil Dropped 8% Over The Same Period Of October.
In 08 years and 1-10 months, the export of leather products in Brazil amounted to US $1 billion 680 million, down 8% from the same period last year, and the total export volume is expected to reach US $2 billion. According to the Ministry of commerce website reported on November 21st, Brazil leather industry center statistics show that in 08 years and 1-10 months, Brazil leather products exports amounted to 1 billion 680 million US dollars, down 8% compared with the same period, and the total export volume is expected to reach 2 billion US dollars. Analysts believe that the decline in Brazil's leather exports is due to the continued depreciation of the US dollar in September, and the financial crisis has pushed up the interest rate of the Pakistani dollar.
The main market for leather goods in Brazil is China's mainland and Hongkong, accounting for 32% of the total exports, followed by Italy, accounting for 27%. The largest source of leather products exported from Brazil is St Paul, accounting for 31% of total exports, followed by South Rio Grande Dezhou, accounting for 26.6%.
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