Home / Knowledge / News / Shoe exports burdened by intl trade pressures
Shoe exports burdened by intl trade pressures
06
Jun '08
In the first quarter of 2008, shoe export volume decreased significantly, especially due to recent upsurge in raw material and labour costs, RMB appreciation as well as adjustment in export tax rebate rates.

According to customs statistics, during the period, China exported 1.96 billion pairs of shoes, 5.3 percent less than the same period last year. Export value registered US $5.97 billion, an increase of 9.5 percent. Of this, March exports were 640 million pairs, scoring $1.8 billion, an increase of 20 and 33 percent, respectively, as against the corresponding period of 2007.

Key export destinations were the US, the EU, Japan and other developed markets. In the first quarter, China's shoe export to the US stood at 540 million pairs, down 4.9 percent, while, export to the EU marked 410 million pairs, a growth of 12.7 percent. Exports to Japan were 130 million pairs, up 7.1 percent.

Combined exports to the above three markets accounted for 55.1 percent of China's total exports, a rise of 3.2 percent from the same period of last year.

Besides, exports to Kyrgyzstan, India touched 34.35 and 34.14 million pairs, skyrocketing 89.8 and 130 percent, respectively.

Rubber and plastic shoes were the main varieties in footwear exports. In the first quarter, rubber, plastic soles and uppers shoe exports registered 1.1 billion pairs, down 12.3 percent, accounting for 56.1 percent. Average export price was within the range of US $2.3 per pair, up 25.8 percent.

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Apparel/Garments | On 20th Jan 2017

Fashion etailer Fynd to offer Yepme product offerings

Online fashion retailer Fynd has signed a partnership with Yepme,...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search