Wenzhou shoe exports in the first six months top $ - footwearbiz: Lead

News

Wenzhou shoe exports in the first six months top $1 billion

13/08/2007
  

According to official statistics, China’s largest shoe production city, Wenzhou, exported 270 million pairs of shoes in the first half of this year. The value of these exports was $1.083 billion. This represents a 21.74% increase on the comparable figures for last year.

The statistics showed the growth speed was showed slower because the export value had increased 33% averagely in the past 3 years, with affact of appreciation of Renminbi, anti-dumping and enforcement of social responsibility to Wenzhou shoe enterprises.

The local shoe industry association has confirmed that Wenzhou has 2184 shoe-making enterprises.

Domestic sales for these companies have also risen, by 15.07%. The domestic market is now worth $1.49 billion to Wenzhou producers.


footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.