International Trade
US and Indonesia reach tariff deal
Both the US President Donald Trump and the Indonesian President Prabowo Subianto said that the tariffs faced by the Southeast Asian country would be reduced from 32% to 19%
US President postpones reciprocal tariffs but announces new country-specific rates
Donald Trump has officially delayed imposing higher tariffs on US imports until the 1st of August, and has sent letters to 14 countries detailing the levies they face, including Japan and Korea
Bangladesh: leather and non-leather footwear exports on the rise in 2024-2025
Data from the Export Promotion Bureau reveals that Bangladesh’s footwear sector has shown an upward trend between July 2024 and May 2025, across both the leather and non-leather segments
French footwear exports decline, while imports remain flat
According to the Alliance France de Cuir, exports of French footwear decreased by 4% year-on-year to 1.32 billion euros in the first quarter, while imports remained flat at 2.09 billion euros
April dip in Brazilian footwear exports linked to sluggish US demand
Following a strong start to the year, Brazilian footwear exports slowed in April, as US buyers reduced orders due to high inventory levels resulting from stockpiling in late 2024
Portuguese footwear exports grow in the first quarter
In the first quarter of 2025, the Portuguese footwear sector exported 20 million pairs of shoes, worth 453 million euros. This represents a 4.9% increase in volume and a 5.4% increase in value, as compared to the same period last year
India’s leather, non-leather footwear and leather products exports rise by 25% in 2024-2025
India’s exports of leather, non-leather footwear and leather products grew by around 25% year-on-year to 5.7 billion US dollars in fiscal 2024-25, according to the Council for Leather Exports (CLE)
Vietnam opens trade talks with the US over looming tariffs
Vietnam and the US have formally opened talks over the Trump administration’s threat to impose a 46% tariff on goods from the Southeast Asian country, according to state media reports
Brazilian footwear exports rise in the first quarter
Brazilian footwear exports grew in volume and value in the first quarter of the year, but Abicalçados fears a slowdown in this trend in the coming months due to the volatile global environment
Bangladeshi leather footwear exports continue to grow
Leather footwear exports are underpinning the positive performance of the leather industry in the fiscal year 2024-2025, according to the Export Promotion Bureau of the Government of Bangladesh
Global footwear trade in 2024: China exports slow, US and Germany rebound in imports
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
Brazilian footwear exports benefit from the strong dollar at the start of the year
The Brazilian footwear industry showed positive export performance in volume and value between January and February, benefiting from the strength of the dollar against the real
Details of reciprocal tariff review closely watched by AAFA
The American Apparel & Footwear Association (AAFA) is closely monitoring the reciprocal tariff review announced by the Trump administration. Initial reports are due by the 1st of April
Fashion and footwear exports from Uruguay end 2024 with a positive balance
After a rocky start to 2024, Uruguay’s fashion and footwear sales grew by 4% throughout the year, according to Uruguay XXI
2024 will not significantly change the landscape of the world’s top footwear exporters
We have looked back at the data available so far on the performance of some of the world’s top footwear exporters in 2024. Unsurprisingly, Asian countries continue to dominate, but China has slowed. In Europe, we highlight the performance of Spain with consistent growth in value and volume of exports-
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