Vietnamese shoe exports fall

29/10/2009

Vietnam’s footwear exports during the first eight months of 2009 fell 13% year-on-year to $2.7 billion.

The US, the UK, Germany and the Netherlands were its main export destinations. Shoe exports to the US totalled $84.8 million during the eight-month period, while exports to the UK were $35.4 million, Germany $19.2 million and the Netherlands $15.9 million.

In August, exports to most of markets fell compared with July. There was an increase in turnover from just 12 markets, the highest being Thailand (+51.9%), Cuba (+47%), the Philippines (+33.2%) and Taiwan (+29.8%). The biggest slumps were seen in Portugal (-80.6%), Poland (-78.2%) and Austria (-56.9%).