Shoe imports down in volume but up in value in Arg - footwearbiz: Lead

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Shoe imports down in volume but up in value in Argentina

15/04/2011
Argentina’s Institute of Industrial Economics reported that in the first two months of this year the South American country imported 2.6 million pairs of shoes over the two-month period. In terms of volume, this is a reduction of 9.9%. But in terms of value, which reached $63.7 million, there was an increase of 25.5%.

 Brazil is Argentina’s largest source of shoes, accounting for 39% of the total, followed by China shoes, whose share for January and February this year was 32.2%, up by 7.1% compared to the same months in 2010. Imports from Vietnam and Indonesia were next on the list, with shares of 16.1% and 9.3% respectively.

Argentina’s government has announced measures to boost the productivity of the local leather and footwear production sectors, with a view to increasing exports and reducing the share of imported products in the domestic market.


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