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Leather footwear particularly hit by COVID-19
With the restrictions of movement imposed by the dissemination of the pandemic across the globe, exports of leather footwear were particularly hit, declining month over month until April
In monthly terms, footwear exports declined consecutively over the first four months of 2020, with particular emphasis in April, when the overall figure decreased by 37.2% to less than 4 billion dollars, 42% of the January value.
This decline was particularly marked for leather footwear, which decreased by 44.5% in April to only 37% of the January figure.
The negative trend appears to have been reversed in May and June, when footwear exports increased by 89%, once again with leather footwear playing a central role (+101%). Textile and rubber and plastic footwear, although following a similar trend over the first semester of 2020, switched their ranks as the second and third main exported types of footwear since the month of April.
About the Report
International Footwear Trade 1st Semester: The Impact of the Pandemic describes the evolution of footwear trade worldwide in the first semester of 2020, using the data available as of September 2020. The figures presented, both for the current and previous years, correspond only to the countries that had reported their trade statistics by that date. This leaves out some important players in the footwear trade scene, particularly some important Asian exporters but, in the previous year, the countries included in the report accounted for more than 90% of all footwear trade.
Cover image credits: Jia Ye on Unsplash