Brazilian leather and footwear: April marks an unexpected recovery

Brazilian leather and footwear: April marks an unexpected recovery

April marks the end of a downturn in Brazilian leather and footwear exports. Statistics released by the Secretariat of the Brazilian Ministry of Foreign Trade (Secex) and compiled by industry associations indicate a recovery in exports for both sectors. For footwear, much depended on U.S. tariffs, which dropped from 50% to 10%. In the leather…

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