World Footwear

Trade

United Kingdom: Exports to Germany with a boom

Sep 9, 2013 United Kingdom
United Kingdom: Exports to Germany with a boom
The United Kingdom is one of the main import markets in the world and has a considerable trade deficit in footwear. In 2012 the average export and import prices decreased, with exports increasing in quantity by 25 million pairs, corresponding to 109.9 million USD. 

According to The World Footwear Yearbook, Germany is one of the great new features in the panorama of UK exports. With a relatively small influence in 2011, 2012 being a year for transition. Exports to Germany increased by 368% in quantity (which corresponds to 40 million dollars) and set the country as the main export destination. 

France is notices as a growing market. In 2012, exports to the country grew by 18% in quantity and 22% in value. 

UK imports increased in quantity by 27.4 million pairs, corresponding to 92.5 million USD. The main import market is China. In 2012, the UK imported 318 million pairs from China, more than 7 % of that in 2011, corresponding to 1 billion dollars. 

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