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Leather industry expects an increase in exports to China
08
May '08
Brazil has always eyed China as a potential market for its leather exports and recently, the Centre for Leather-tanning Industries of Brazil (CICB) expressed hope that Macau being strategically located and sharing the same language, could help improve leather trade with China.

Leather is by far the main product for trade between Brazil and China, representing one-third of total Brazilian foreign leather sales. Besides, it also forms half of the imports made by Macau from the country.

Leather exports of Brazil exceeded US $2 billion for the first time in 2007, soaring by 17 percent against 2006 from $1.87 billion to $2.19 billion. As always, China emerged as the largest consumer of the goods absorbing 33 percent of the supplies largely for furniture among others.

Italy held the second position accounting for 28 percent of Brazil's leather exports, followed by US with 11 percent.

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