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Leather exports down 9% in March

Brazilian exports of hides and skins earned US$ 173.7 million in March, down 9% on March 2011. Compared to February, this was up by 15%. In volume terms, shipments totaled 36,900 tons. The data are from Brazil's Tanning Industry Center (CICB), based on a report from the Foreign Trade Office (Secex), at the Ministry of Development, Industry and Foreign Trade (MDIC).

In the first quarter, export revenues totaled US$ 464 million, down 6% on the same period last year. In volume terms, shipments totaled 6.5 million tons, 9% down on the first quarter of 2011.

"Exports in the first quarter were down, but the international trade fair in Hong Kong, in March, attended by 32 Brazilian tanneries, suggests good prospects for business in the coming months," said the chairman of the CICB, José Fernando Bello.

Information provided by Agencia Estado

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