Leather exports in May point to an increase

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Preliminary figures regarding leather exports in May 2014 have been published by the Department of Foreign Trade – Ministry of Development, Industry and Foreign Trade (MDIC). According to the numbers, exports in May have reached a total of US$ 258 million, taking the yearly accumulate up to US$ 1,218 billion, says the Department of Intelligence of the Centre for the Brazilian Tanning Industries (CICB).

Numbers show that Brazilian leather has maintained a steady position in the international scenario, always seeking to diversify markets, says executive president of CICB, José Fernando Bello. According to him, the context points to an increase in exports – especially of finished leather –, as well as to a very positive second semester for the sector.

Leather participation in Brazilian exports has stayed at 1,3%. With a surplus of US$ 712 million in May, the Brazilian trade balance had its deficit reduced to US$ 4,854 billion.