India's footwear, leather exports to Middle East, Africa see big boost

India’s export of footwear to Middle East increased to $87.180 million in the first half (H1) of 2022 from $59.837 million in the second half (H2) of 2021. Therefore, the shipment jumped by 45 per cent over the previous period of six months. The exports stood at $60.492 million in H1 2021, $53.284 million in H2 2020 and $47.668 million in H1 2020. The shipment amounted to $42.328 million in the third quarter of current year. India’s exports of $129.508 million in January-September 2022 already crossed the shipment of $120.330 million in 2021, according to Fibre2Fashion’s market insight tool TexPro. 

The exports to Africa also increased to $64.022 million in H1 2022 from $54.477 million in H2 2021. They were at $62.679 million in H1 2021, $81.325 million in H2 2020 and $51.851 million in H1 2020. The shipment was at $37.257 million in the third quarter of the current year. India exported footwear worth $101.279 million in the first nine months of the current year. Last year, the exports amounted to $117.157 million. 

India’s exports of leather apparel and accessories to Middle East also increased to $36.097 million in H1 2022 from $28.691 million in H2 2021. The shipment was $56.813 million in the first three quarters of the current year. Last year, it was reported at $59.450 million. 

India exported leather apparel and accessories to Africa worth $7.704 million in H1 2022 and $7.420 million of H2 2021. The shipment was $11.787 million in the first three quarters of this year. Last year, it was reported at $14.441 million. 

ALCHEMPro News Desk (KUL)