Brazil exports leather worth $1.1 billion to July
17/09/2001
According to the national newspaper Valor Economico, Brazil exported leather and leather goods worth $1.1 billion in the first half of 2001.
A devaluation in the Brazilian Real, combined with a 16% increase in international leather prices - brought about by the European cattle disease situation - were said to be the main reasons. Beef sales for the whole of the year were also expected to top $1.1 billion – rising from $800 million last year – mainly on the back of reduced Argentine and European exports.
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