Actions abroad generate over US$ 160 million for footwear manufacturers

Dubai, United Arab Emirates, October 29, 2018: The actions carried out by the Brazilian Footwear, footwear exports promotion program developed by the Brazilian Footwear Industries Association (Abicalçados) in partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) generated US$ 162 million in 2018. The results refer to thirteen actions, between trade fairs and trade missions held abroad (see the list below). They generated US$ 40 million on the spot, with the expectation to reach another US$ 122 million in deals that began to be negotiated during the events.

Abicalçados’ Trade Promotion coordinator, Letícia Sperb Masselli, highlights that the actions carried out by the program, existing since the year 2000, are essential for footwear exports, not only considering volume but also with regards to training. “Before the first agreement with Apex-Brasil, 18 years ago, we exported to 99 countries, a figure that stood at over 160 last year. In addition to the diversification, we started to ship more products with the companies’ own brands, making our shoes desired and known in the main markets in the world,” she assesses.

Masselli also says that the nearly 250 companies that are members of the Brazilian Footwear account for more than 80% of footwear exports, a share that tends to grow as brands realize the importance of operating in the foreign market as a continuing – and not only occasional – strategy. “Even if the scenario is not so positive for deals, companies need to be there, holding their position with quality, to reap the results when better conditions are reestablished,” she mentions.

For the coordinator, the exchange rate at the current level favors the setting of prices, even though local currencies are also devalued in the main markets for Brazilian footwear abroad, especially in Latin America. “The exchange rate is important, but it has ceased to be essential for a long time. It takes strategy and training to properly work in international trade. This is what Abicalçados provides for companies that wish to work in the challenging overseas market, through the Brazilian Footwear,” she says. She also adds that in addition to enabling the participation of companies in international fairs and missions with subsidies, the footwear exports promotion program seeks their improvement to operate in the foreign market.

The agreement with the Brazilian Footwear is renewed every two years. The next target markets for the upcoming biennium, 2019/2020, were already selected during a meeting with Abicalçados, Apex-Brasil, and members of the project. The United States, Peru (new), France, the United Kingdom, China, South Korea (new), and Saudi Arabia (new) were chosen. These countries will be developed through trade, image, and prospection actions throughout the next agreement, which will be signed in the beginning of 2019.

International trade fairs and missions – 2018

  • EXPO RIVA SCHUH
  • Date: Jan. 13, 2018 to Jan. 16, 2018
  • Place: Riva Del Garda, Italy
  • US$ 4.1 million on the spot
  • US$ 21.8 million in the following months

IFLS – EXPORT THINKING BOGOTÁ

  • Date: Jan. 30, 2018 to Feb. 01, 2018
  • Place: Bogotá, Colombia
  • US$ 1.5 million on the spot
  • US$ 2.97 million in the following months

FN PLATFORM

  • Date: Feb. 12, 2018 to Feb. 14, 2018
  • Place: Las Vegas, United States
  • US$ 1 million on the spot
  • US$ 4.76 million in the following months

MICAM MILANO

  • Date: Feb. 11, 2018 to Feb. 14, 2018
  • Place: Milan, Italy
  • US$ 7.9 million on the spot
  • US$ 20.27 million in the following months

COLOMBIA SHOWROOM

  • Date: Mar. 05, 2018 to Mar. 09, 2018
  • Place: Cali and Medellín, Colombia
  • US$ 458 thousand on the spot
  • US$ 974 thousand in the following months

RUSSIA TRADE MISSION

  • Date: Jun. 06, 2018 to Jun. 08, 2018
  • Place: Moscow, Russia
  • US$ 710 thousand on the spot
  • US$ 2.15 million in the following months

FRANCE TRADE MISSION

  • Date: Jun. 11, 2018 to Jun. 13, 2018
  • Place: Paris, France
  • US$ 85 thousand on the spot
  • US$ 290 thousand in the following months

EXPO RIVA SCHUH

  • Date: Jun. 16, 2018 to Jun. 19, 2018
  • Place: Riva Del Garda, Italy
  • US$ 8.46 million on the spot
  • US$ 31 million in the following months

IFLS

Data: Jul. 17, 2018 to Jul. 19, 2018

  • Place: Bogotá, Colombia
  • US$ 1.48 million on the spot
  • US$ 8 million in the following months

COLÔMBIAMODA – MEDELLÍN

  • Date: Jul. 24, 2018 to Jul. 26, 2018
  • Place: Medellín, Colombia
  • US$ 127.7 thousand on the spot
  • US$ 1.6 million in the following months

FN PLATFORM

  • Date: Aug. 13, 2018 to Aug. 15, 2018
  • Place: Las Vegas, United States
  • US$ 1 million on the spot
  • US$ 3.53 million in the following months

COLOMBIA SHOWROOM

  • Date: Aug. 27, 2018 to Aug. 31, 2018
  • Places: Cali and Bogotá, Colombia
  • US$ 407 thousand on the spot
  • US$ 615 thousand in the following months

MICAM MILANO

  • Date: Sept. 16, 2018 to Sept. 19, 2018
  • Place: Milan, Italy
  • US$ 13.2 million on the spot
  • US$ 24 million in the following months

About the Brazilian Footwear:

The Brazilian Footwear is an exports promotion program developed by Abicalçados in partnership with Apex-Brasil. This program aims to increase exports of Brazilian footwear brands through development, trade promotion, and image actions focusing on the international market.

Learn more: www.brazilianfootwear.com.br www.abicalcados.com.br/brazilianfootwear

About Apex-Brasil:

The Brazilian Trade and Investment Promotion Agency (Apex-Brasil) works to promote Brazilian products and services abroad and to attract foreign investment into strategic sectors of the Brazilian economy. To reach these goals, Apex-Brasil carries out diverse trade promotion actions that aim to promote exports and to value Brazilian products and services abroad, such as prospective and trade missions, business networking meetings, support for the participation of Brazilian companies in important international fairs, and visits from foreign buyers and opinion formers to get to know the Brazilian manufacturing structure, among other business platforms that also aim to strengthen the Brazil brand.

Learn more: www.apexbrasil.com.br

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