Declining leather footwear exports in India
![Declining leather footwear exports in India Declining leather footwear exports in India](/media/images/news/wf201591343p.jpg)
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.
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.