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The wood of this tree has a deep red hue, which may be why it received this name. Pau-brasil had been earlier used to describe a different species of tree found in Asia and other places, called Sappanwood which also produced red dye; but the South American trees soon became the better source of red dye. Brazilwood trees were such a large part of the exports and economy of the land that the country which sprang up in that part of the world took its name from them and is now called Brazil.
In the 15th and 16th centuries, brazilwood was highly valued in Europe and quite difficult to get. Coming from Asia, it was traded in powder form and used as a red dye in the manufacture of luxury textiles, such as velvet, in high demand during the Renaissance. When Portuguese navigators discovered present-day Brazil, on April 22, 1500, they immediately saw that brazilwood was extremely abundant along the coast and in its hinterland, along the rivers. In a few years, a hectic and very profitable operation for felling and shipping all the brazilwood logs they could get was established, as a crown-granted Portuguese monopoly.
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