Footwear exports from Vietnam to Africa dropped 26.43 percent to $1.19 million in June 2006, compared to same period last year.
Foreign earnings during the first half increased 13.34 percent, which is much lower than growth rate of 50.42 percent compared to $9.54 million during same period last year.
This drastic decline in footwear exports is due to harsh competition from Chinese exporters, who provide good quality and low prices.
As per the statistics, waterproof shoes, tanned leather–capped shoes and synthetic leather–capped shoes exports suffered the most while plastic sport shoes and knitting–capped shoes reported stable growth as their quality was better than those exported by Chinese manufacturers.
Industrial experts have suggested country's exporters to provide better quality footwear to compete Chinese exporters.
Fibre2fashion News Desk- Vietnam
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