In the first five months of 2007, Vietnam's footwear exports to Canada suffered slight slumps although, in the past a stable growth prevailed in this market. The export turnover in this period touched US $86.6 million, up by 19 percent over 2006.
From January to May this year, enterprises shipped only 2.6 million pairs to the Canadian market for $29.5 million, rose 0.72 percent in volume but dropped 5.73 percent in value terms compared to corresponding period 2006.
Such fall is contributed because of reductions in exports of several key products, including metal–capped shoes with 245.62 thousand pairs, down 85 percent, valued at $5.4 million a drop of 81 percent. Knit–capped shoes dropped at 63.65 percent and knit–capped sports shoes suffered 68.3 percent decrease.
The statistic shows that higher shipment of leather–capped shoes, tennis and basketball, plastic and tanned leather shoes helped balanced the exports to the market.
During this period, plastic shoe exports to Canada soared 210.2 percent, while the figure of tanned leather shoes is 34 percent for $9.92 million.
In 2007, 23.3 thousand pairs of waterproof sports shoes worth around $3,63,000 thousand were exported to Canada.
Fibre2fashion News Desk - Vietnam
marketing@alchempro.com
