Home / Knowledge / News / Shoe exports burdened by intl trade pressures
Shoe exports burdened by intl trade pressures
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

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
March 2017

March 2017

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


Browse Our Archives


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