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Brazil: retail sales revenue of footwear 2019-2020

In 2019, retail sales of shoes in Brazil generated a revenue of 58.9 billion Brazilian reals (approximately 14.7 billion U.S. dollars at the exchange rate of December 31, 2019). For 2020, footwear sales in the Latin American country are expected to drop by 51.6 percent, amounting to 28.5 billion reals. This result has been associated with the effects of the COVID-19 pandemic. According to a 2019 survey, quality is the leading influencing factor when shopping for footwear in Brazil.

Retail sales of footwear in Brazil in 2019 and 2020

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Sources

Release date

July 2020

Region

Brazil

Survey time period

2019

Supplementary notes

* Forecast as of July 2020.

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Statistics on "Footwear in Brazil"

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