Trade
Leather sector in India to benefit from shifting businesses
The Indian leather sector is expecting businesses to shift away from China and other locations with higher labour costs. They also want to lower exposure from volatile market conditions and are looking for alternative markets
Sri Lanka: revenue from footwear and leather tripled
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%
India: leather industry aiming at 5%-6% growth
The leather-based industry in India is anticipating registering a growth rate of 5% to 6% in exports for the current fiscal year, 2018-19, according to the Council for Leather Exports
Footwear is good news in Bangladesh
According to the Leathergoods & Footwear Manufacturers & Exports Association of Bangladesh, in the first 5 months of the year exports revenue of the leather and footwear industries as a whole underperformed according to the targets set. However, exports of footwear managed to grow in the period
Negative month for Pakistan's footwear exports
Although there was an increase in the number of pairs exported in November, the value of sales abroad in the period declined by 7.2%. Despite the negative month, the accumulated performance in the first five months is still positive
Leather industry in India: clashes over definition of finished products
Semi-finished leather makers asked permission for the exports of their products to be treated as finished leather with a view to increase the business. Leather garment and footwear manufacturers reacted immediately
Indian exports go up
The country's exports of leather, leather products and footwear have increased by 5.25% (value in rupee) during the period April-October as compared to similar period last year
Non EU-markets stimulate Spain's exports
In the first nine months of 2018, Spanish footwear exports reached 2.1 billion euros and 122.7 million pairs. Although the EU markets are the main destination for Spanish footwear, non-EU markets have been the more dynamic ones. Information was released by FICE
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
EU is the destination of more than 40% of Armenia's exports
A significant part of Armenia's exports of textile, apparel, leather & shoes have European Union countries as destination. The information was reported by Business Armenia, a Government established entity promoting investments in the country
American footwear industry applauds trade war ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs
Nigeria: local association urges government to act on imports
The Leather Products Manufacturers Association of Abia State (LEPMAAS) has urged the Nigerian Government to urgently tackle threats posed by imported shoes, bags and belts to local manufacturers
Strong year for Cambodia’s exports
According to the National Bank of Cambodia (NBC) the country's garment and footwear exports recorded double-digit growth in the first half of the current financial year (+11%). Performance in the second half is expected to be in line with the first semester
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