Data released last week by the industry association Abicalcados (Associacao Brasileira da Industria de Calcados) shows that last year, Brazil’s footwear exports totalled US$1.1billion.

Exports are forecast to come in 15%-20% above this figure in 2001, with 70% going to the U.S. Although orders were up 10% year-on-year during August, they were down in September because of the slowdown in the American economy.

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