According to information provided by the Brazilian foreign trade agency Secex, national footwear exports dropped 12% in the first half of the year to $ 713 million.

Ricardo Wirth, vice-president of Abicalcados, - Brazilian Association of Footwear Manufacturers – said that in his view the worst of the damage had been inflicted by the strong US dollar. This had made imported components expensive – a factor which in turn had inflated the price of exported finished products.

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