Chinese shoe exports and imports fall

11/06/2009

Chinese shoe exports fell in both value and volume in April. The volume of shoes exported fell 12% compared with a 9% increase in March. Shoe export value fell 8% compared with a 7% increase in March.

During the first four months of 2009, China exported 2.5 billion pairs of shoes worth $7.8 billion, a decline of 7.2% and 2.1%, respectively. However, average price per unit rose 5.5% to $3.13.

Total shoe imports fell 5.8% in volume to 11.41 million pairs and 2.5% in value to $220 million during the four-month period. Leather shoe imports fell 20% in volume to 4.7 million pairs and 7.7% in value to $140 million U.S. dollars. This was reportedly the first import value decline since 1999.