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Imports & exports of footwear maintain opposite trends
Nov '08
From January to August this year, China's exports of finished leather touched 22,000 tons with export value reaching US $310 million, down 63 percent and 64 percent respectively on a year-on-year basis while footwear exports achieved 5.6 billion pairs, down 3.7 percent with export value attaining US $18.4 billion, up 13.3 percent.

From amongst footwear shipments, exports of leather shoes were 790 million pairs amounting to $6.62 billion, down 14.8 and 1.7 percent respectively.

However China's imports of footwear products continued to grow and in the first eight months of this year, China's total imports of footwear were 23.4 million pairs, up 84 percent and totaling to $490 million, up 94 percent.

From amidst footwear imports, imports of leather shoes were 11.53 million pairs, worth $330 million, representing a year-on-year growth of 73.5 percent and 77.4 percent respectively,

At the same time, the average unit price of China's leather shoes exports continued to increase significantly. In the period under review the average shipment price of leather shot up to $8.39 per pair, up 16.2 percent.

In 2007, China's footwear exports had amounted to 8.488 billion pairs amounting to 25.305 billion, an increase of 8 percent and 16 percent respectively from 2006 at an average export price of $2.98 per pair, a growth of 7.25 percent from the previous year.

Fibre2fashion News Desk - India

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