Wenzhou shoe exports to US on the rise

19/06/2012

Figures from the China Leather Industry Association show that shoe exports from Wenzhou, China, to the US rose sharply in May.

In value terms, shoe exports grew 21.05% year-on-year to $69.4 million. In volume terms the increase was 23.2% at 10.8 million. Exports rose 31.46% in volume compared with April figures.

This suggests that the decline seen during the first five months of the year may have ended. Shoe exports from Wenzhou to the US fell 6 7.05% in value and 86% in volume between January and May.