International Trade
Portuguese exports grow for 8 consecutive years
Since 2010 Portuguese footwear exports increased by 50% from 1 297 million euros in that year to a new record of 1 923 million euros in 2016. In the first half of 2017 positive growth continued
The recovery of Russian imports
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path
Currency fluctuation continues to impact Brazil's exports
According to Abicalçados, the Brazilian Shoe Manufacturers Association, the country’s footwear exports continue to suffer negative impacts from currency fluctuation. Analysis should focus on the volumes sold abroad
Indonesian footwear exports expected to grow up to 10%
At least that is the belief of APRISINDO, the Indonesian Footwear Association, which is forecasting footwear exports growth to be in the region of 5% to 10% in 2017
Kenya and Bangladesh to strengthen trade relations
According to the Leathergoods & Footwear Manufacturers & Exports Association of Bangladesh (LFMEAB) the African country is focusing in the Bangladeshi Leather sector
Vietnam is not concerned with the US dropping the TPP
The Asian country is one of the main footwear producers and exporters, and the US the largest consumer market for shoes. In 2016 Vietnam's footwear exports to the US grew by 9%
Online sales will become more important than in brick and mortar shops
The words are from Cleto Sagripanti, President of the European Confederation of the Footwear Industry (CEC). An entrepreneur and a business man with extensive experience in the shoe industry
Brazilian exports on the red
According to data analysed by wordfootwear.com Brazilian footwear exports in the first semester were down by 2.7% in terms of value, but registered a 3.3% increase in terms of volume, compared to the same period in 2015
European companies are recommended to diversify their markets
The words are from Cleto Sagripanti, President of the European Confederation of the Footwear Industry (CEC). An entrepreneur and a business man with extensive experience in the shoe industry
Footwear industry in Indonesia with potential to double exports
Eddy Widjanarko, Chairman of the Indonesian Footwear Association (Aprisindo), said local footwear factories are currently only operating at a utilization rate of between 50-60%
Vietnam’s footwear exports up by 6.0%
Total footwear sales abroad in the first six months of the year reached 6.23 billion US dollars rising from a total of 5.88 billion US dollars for the same period in 2015
Unpredictable close of the year for Brazilian exports
In October Brazilian exports increased both in terms of volume and vale, but currency instability continues to impact the Brazilian trade flows
Bangladesh sets target of 5 billion US dollars for its leather industry exports
The new target is being set for 2021. The Ministry of Commerce reaffirmed this aim during the inaugural ceremony of the Leathertech Bangladesh 2016
EU footwear imports on the rise
According to data obtained by the worldfootwear.com, the EU has imported 22 360 million euros worth of footwear in the first half of 2016. A 5.5% increase from similar period last year. Quantities imported grew by 2.4%
US footwear imports drop by 6%
The United States, the world’s largest footwear importer, registered a 6% decline in footwear imports in the first half of the year, both in volume and value. The numbers came from the FDRA-
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