Is Brazil's export business finally turning around? The country's shoes exports rose on a sequential basis by 11.2 percent in volume and 31 percent in value during the month of October, as compared to the previous month, reaching a level of 11 million pairs worth $93.8 million. As compared to one year ago, there was only a 0.2 percent increase in value, accompanied by a drop of 5.5 percent in volume. For the first ten months of the year, exports were still down by 10.8 percent in value. The uptick in October was essentially due to an increase of 18.7 percent to $17.8 million in exports to the U.S., which became again Brazil's largest export market, ahead of Argentina. According to Abicalçados, the Brazilian shoe industry association, this was probably due in part to a drop in U.S. import duties for some types of footwear on Oct. 13.