World Footwear

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Declining leather footwear exports in India

Nov 10, 2015 India
Declining leather footwear exports in India
According to the Council for Leather Exports (CLE) leather footwear exports reached 962.75 million US dollars in the first five months of the fiscal year, declining by 4.7% from similar period in the previous year
Using data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) the CLE estimates that sales abroad of leather and leather products for the period April 2015 – August 2015 reached 2 653.64 million US dollars, compared to 2 872.64 million US dollars in similar period of the previous year. This represents a decline of 7.6%.

Leather footwear exports totaled 962.75 million US dollars in the first five months of the fiscal year, declining by 4.7% from similar period in the previous year (1 010.22 million US dollars).

In the same period exports of finished leather declined by 19.7% and leather goods by 2.5%.

Worth being highlighted is the performance of exports of non-leather footwear, growing by 10.2%, reaching 155.47 million US dollars during the period April 2015 – August 2015.

According to the same source, the main destinations for the exports of leather and leather products during the period were Germany (11.1%), US (14.4%), UK (12.3%) and Italy (7.0%), all together representing roughly 45% of the sales abroad of these products.

According to the World Footwear Yearbook in 2014 India was the 8th largest exporter of footwear with a 1.2% share in total exports.

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