Brazil'S Currency Has Led To A Decline In Exports Of Footwear Products.

Shoes in Brazil in 2011 Exit The drop is due to the currency rial in Brazil. Due to the strong performance of rial, imports made by consumers in Brazil were cheaper, so shoe imports increased by 19%, while exports decreased by 25.8%.

Data show that in the first seven months of 2011, the export volume of shoes in Brazil reached 66 million pairs, compared with 89 million pairs of shoes exported in the same period last year, indicating that the volume of exports decreased by 25.8%. In the first seven months of 2011, exports amounted to US $777 million 100 thousand, compared with $901 million in the same period last year, indicating a 25.8% drop in revenue.

Shoes exported from Brazil to the United States Number From January to July, it dropped from 23 million pairs to 7 million pairs, a decrease of 70.2%, and the revenue from the United States dropped from 228 million 700 thousand to 146 million 100 thousand US dollars, or 36.1%. The number of shoes exported from Brazil to the United Kingdom was 5 million pairs in the first seven months of 2010, down to 2 million 200 thousand pairs in the same period in 2011, a decrease of 55.2%, and the revenue from Britain dropped from 61 million 500 thousand US dollars to 11 million 10 thousand US dollars. The same goes for shoes exported from Brazil to Italy - export volume. Decline 31.8%, the gains have been reduced by 31.6%.