US trade body confirms Chinese and Vietnamese footwear imports
18/01/2018
Organisers of Italy’s Riva Schuh footwear fair, held in mid-January in Riva del Garda, suggested recent analysis showed the US’s footwear imports from China had fallen from 75% of its total seven years ago to 15%. [They have since told leatherbiz they meant a 15% decline.]
Mr Polk said that although the figure had fallen, it was still nearly 70%, with Vietnam supplying around 15%.
The percentage of shoes imported to the US from China steadily rose from around 67% in 1996 to a high of 87.2% in 2007, but has since fallen as prices have risen and other destinations have taken advantage. For the past three years, the figure has been around 70% (71.6% by volume in 2017, and 56% in dollar terms).
Imports from Vietnam, which were negligible in 1996 (0.2%), rose to 4% in 2007 and up to 16.9% in 2017. They also accounted for 21.2% of imports in terms of value last year.
The 90th edition of Expo Riva Schuh, and co-located accessories fair Gardabags, will be held between June 16 and 19.
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