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Global footwear industry trade fluctuations

Updated 1 time since CLSTR started tracking revisions of this situation.

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2026-08-29 00:14 UTC → 2026-09-11 14:32 UTC · added removed

The global footwear industry is facing continues to face significant trade challenges and export declines. In Brazil, the footwear sector recorded has reached its first trade deficit in nearly 30 years in July, with imports reaching US$ 66 lowest export performance since the 2020 pandemic. Data from Abicalçados and the Secretariat of Foreign Trade (Secex) show that between January and August, Brazil exported 62.45 million against pairs of shoes, generating US$ 62 million in exports. 541.45 million. This shift was driven by represents a 10% increase 7.5% drop in imports between January volume and July, including US$ 31 million from China, alongside sharp export declines a 16.8% decrease in revenue compared to the same period last year. Haroldo Ferreira, executive president of Abicalçados, attributed the decline primarily to difficulties in the United States and Argentina. Industry representatives have called Argentina, which together accounted for trade barriers against a US$ 111 million loss in export revenue. In the United States, although shipment volume rose by 40.5% in August, revenue fell by 9.2% due to a significant drop in average prices. In Argentina, the industry faces reduced consumption and increased competition from Asian products to protect domestic jobs. following tariff reductions for non-Mercosul goods. Simultaneously, the Brazilian domestic market is seeing a rise in imports. Between January and August, footwear imports increased by 9.6% in volume and 11% in value, reaching US$ 429.7 million, driven largely by Asian suppliers. In Europe, Portuguese footwear exports fell by 2.1% to 813 million euros in the first half of the year. While Portugal showed more resilience than competitors like Italy, Spain, and China, the industry remains under pressure. APICCAPS attributed these difficulties pressure due to a global trade slowdown, logistical disruptions in the Strait of Hormuz, and armed conflicts in Ukraine and the Middle East, which have limited access to luxury markets. East.

Versions

  1. 2026-09-11 14:32 UTC Global footwear industry trade fluctuations
  2. 2026-08-29 00:14 UTC Global footwear industry trade fluctuations

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