Home breadcru News breadcru Import/Exports breadcru Footwear exports of domestic enterprises surge 35%

Footwear exports of domestic enterprises surge 35%

27 Dec '06
1 min read

Ministry of Trade revealed that domestic footwear enterprises reaped US $1.36 billion from exports, a year–on–year increase of 35 percent and accounted 38.5 percent of total footwear exports.

According to industry experts, exports to EU and the US will continue to increase as Vietnam is to become official member of WTO.

During first ten months 2006, footwear exports of local enterprises to EU stood at $740.72 million, up by 27.43 percent over previous year.

Similarly, the export to US market witnessed a year–on–year increase of 91.22 percent, generating revenue of $115.62 million and expected to attain $140 million in 2006.

View export figures

Fibre2fashion.com News Desk-Vietnam

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