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Chinese footwear industry generates 123 billion US dollars

Mar 30, 2018 / China
Chinese footwear industry generates 123 billion US dollars
The China Leather Industry Association revealed that, last year, footwear manufacturers generated sales over 120 billion US dollars. This is an increase of 4.4% compared to 2016
The same source indicates that exports of footwear reached 9.6 billion pairs with a combined value of 45.6 billion US dollars, indicating an increase compared to the previous year of 3.7% in volume and of 1.7% in value. This resulted in an average price per pair of 4.75 US dollars.

Exports of leather footwear reached 680 million pairs and generated revenue of 9.3 billion US dollars, resulting in a declines year on year of 1.2% and 3.4% respectively (average price per pair of 13.68 US dollars).

According to the same source, China imported 139 million pairs of shoes in 2017, with a value of 3.2 billion US dollars. These figures show an increase in volume of 23.8% and of 18% in value compared to 2016.


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