International Trade
Peru: footwear exports recover
The latest statistics from the Chamber of Commerce of Lima reveal that Peruvian exports of footwear, between January and April 2021, amounted to 6.5 million US dollars, representing growth of 30.6% to similar period of 2020
Volume of Brazilian footwear exports reaches 2019 levels
After a year of decline due to the impacts of the COVID-19 pandemic, the Brazilian footwear sector presents signs of a significant recovery in footwear exports in the first half of 2021
Luís Onofre re-elected President of the European Footwear Confederation
The Portuguese entrepreneur, who is President of APICCAPS - Portuguese Footwear, Components, Leather Goods Manufacturers’ Association, was re-elected for a second term as CEC's President
India’s leather industry with two digits decline in the last fiscal year
The leather industry in India is closing the fiscal year* with a decline of 27.39% in exports. All segments, with the exception of Saddlery and Harness, posted two digits drops, loosing almost a third of its value
Italy talks about tentative recovery for exports in the first quarter
According to data by Confindustria Moda Research Centre for Assocalzaturifici. The footwear industry in Italy raised exports, in value terms, by 3% in the first quarter of the current year. These are still quite below pre-COVID levels, the Italian Association underlines
Portugal accelerates in the foreign markets
Portuguese footwear exports soar in April as the industry continues its path of recovery and is already on positive ground. In April, exports grew by 121% when compared to the same month of the previous year
US: Apparel and Footwear Industry welcomes suspension of retaliatory tariffs
The American Apparel & Footwear Association (AAFA) welcomed the announcement by the US Trade Representative (USTR) to end a dispute over aircraft subsidies, effectively suspending retaliatory tariffs on clothes, shoes, and fashion accessories imposed by the US and the EU
Brazilian footwear industry concerned with possible FTA Mercosur-Vietnam-Indonesia
The local association is concerned with the idea of carrying out an unrestricted trade opening for foreign products, with the reduction of the tariffs on imports. The possibility to have an FTA with Vietnam and Indonesia is already in the process of public consultation
Pakistan footwear exports decline in value, but grow in volume
During the first ten months of the current fiscal year, Pakistan exported 14.24 million pairs of footwear, resulting in exports revenue of 107.35 million US dollars. This translates in an increase of 18.90% in volume and a decline of 1.00% in value
Bangladesh leather industry with positive performance
After closing the previous fiscal year with exports of the leather industry at 797.6 million US dollars, Bangladesh has set a target for the current financial year of 920.00 million US dollars. In the first ten months, the industry managed to grow and has met its objectives
How is COVID-19 impacting footwear retail in different countries?
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets
Brazilian footwear exports on the rise
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
Pakistan footwear exports with decline of 5.15%
During the first nine months of the current fiscal year, Pakistan exported 13.29 million pairs of footwear, resulting in exports revenue of 98.98 million US dollars. This translates in an increase of 14.97% in volume and a decline of 5.15% in value
Argentina applies labelling standards for all footwear entering the country
The Government of Argentina announced the measure will be applicable for companies importing any type of footwear to Argentina. Importers will have to adapt to the new standard called "AR" and which relates to the size of the shoes
Spain Retail: depressed retail and online sales gaining share
The TCF retail Sales Index in Spain is showing some resistance to getting back to the pre-pandemic levels, even if some recovery took place over the second half of 2020. One positive sign seems to come from internet retail, which is gaining share since September 2020. The concern raises as this is being done at the expenses of physical retail. If one needs hope and goods news, those might come from some relative optimism from the consumer side, which might be followed by the retailers. The next few months will be key to see if they persist-
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