Lower growth rate for Chinese footwear exports - footwearbiz: Leading

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Lower growth rate for Chinese footwear exports

21/06/2012
Official figures from the China Leather Industry Association show that the country’s footwear exports in the first four months of 2012 grew, but at a considerably lower rate than in the same period in recent years.

In terms of volume, Chinese footwear manufacturers exported almost 3.2 billion pairs over the fourth-month period, bringing in export earnings of $11.7 billion. These figures represent growth of 2.4% and 4.1% compared to the same period in 2011, but at this point in 2011, the growth rates were 8.4% in volume and 23.1% in value.

Over the same period, Chinese traders and retailers imported almost 17.9 million pairs of shoes, an increase of 36.9%.

The unit price for export footwear was $3.66 per pair. The comparative price for shoes coming into China is currently $28.17 per pair.

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