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Brazilian footwear industry heralds year of recovery

24/03/2022

The CEO of the Brazilian association of footwear industries (Abicalçados) expects 2022 to be the “year of recovery” as shoe prices rise and the US looks to diversify its sourcing away from China.

Haroldo Ferreira said January and February exports were the best since 2011, with 27.57 million pairs exported for $209.2 million, a 40% increase in volume and a 70% increase in value. 

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