Global trade of footwear grows slightly

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.

 

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.#

The global import value of footwear was $1,25,656.85 million in 2017, which surged 8.70 per cent to $1,36,589.33 million in 2019, according to Fibre2Fashion's market analysis tool TexPro. Total imports rose 1.33 per cent in 2019 over the previous year and is expected to inflate to $1,37,649.26 million in 2022 with a rate of 0.78 per cent from 2019.

 

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.#

China ($47,745.06 million), Vietnam ($22,105.29 million), Italy ($12,291.74 million) and Germany ($8,751.91 million) were the key exporters of footwear across the globe in 2019, together comprising 61.26 per cent of total export. These were followed by Belgium ($6,631.11 million), France ($4,421.48 million) and Indonesia ($4,408.05 million).

 

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.#

From 2016 to 2019, the most notable rate of growth in terms of export value, amongst the main exporting countries, was attained by Germany (76.88 per cent), Vietnam (56.65 per cent) and Italy (17.65 per cent).

 

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.#

US ($26,748.95 million), Germany ($12,510.82 million), France ($8,444.57 million) and Italy ($7,000.70 million) were the key importers of footwear in the globe in 2019, together comprising 40.05 per cent of total import. These were followed by UK ($6,227.04 million), China ($5,634.23 million) and Japan ($5,355.12 million).

 

The global export of footwear has increased moderately 6.6 per cent to $1,48,371.15 million in 2019 from $1,39,190.49 million in 2017. Total exports were slightly up 1.72 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to move up to $1,49,522.51 million in 2022 with a rate of 0.78 per cent from 2019.#

From 2016 to 2019, the most notable rate of growth in terms of import value, amongst the main importing countries, was attained by Germany (22.36 per cent), Italy (18.54 per cent) and France (17.22 per cent).