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Brazil’s Cosmetics Exports Jump 21% in 2008

Sales exceeded $420 million

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By: TOM BRANNA

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Brazilian exports of cosmetics grew 21% to $421 million in the first eight months of 2008, according to Brazil Magazine. The data was released by Brazilian Association of Toiletries, Perfumes & Cosmetics Industries (Abihpec). According to João Carlos Basílio da Silva, president of the association, the gains were due to the development of traditional and more important markets for sector exports, including other Latin American countries, as well as entry into new markets, such as the Middle...

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