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Taiwan tops the list of footwear materials exporter

Jun '06
In the first four months of 2006, footwear industry imported materials worth $437 million, representing year – on – year surge of 27.5 percent.

These growing figures promise a bright future for production industry.

Taiwan, China and Korea continue to remain leading suppliers to Vietnam recording a stable growth during the period of reference.

Footwear materials imported from Taiwan during January–April 2006 period, accounts for 32.6 percent of entire imports turnover of the country.

Imports revenue from this market in April alone, is worth US $45.96 million, up 18.7 percent over same period 2005.

Revenue by Korean and Chinese suppliers reached $29.8 million and $22.96 million rising 42.3 and 30 percent, respectively, in comparison with corresponding month of 2005.

Besides, imports turnover of the materials from other markets also saw sharp growth, including Hong Kong, Thailand, Japan, US and India at 34.5, 24.2, 108.8, 58.8 and 37.47 percent, respectively.

However, significant slump was recorded in the markets from England (a 63.52 percent drop), Argentina (down 46.8 percent) and Bangladesh (60 percent slump) mainly due to high prices.

Total imports turnover from England in April this year was pegged at $4.8 million, down 39.4 percent against same month of 2005.

Fibre2fashion, News Desk - Vietnam

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