Vietnam Footwear Exporters Earn US$1.95Bln in H1
Vietnam’s footwear sector is estimated to ship 251 million pairs of shoes, raking in US$1.95 billion in the first half of this year, up 11.8 per cent on year in terms of volume and 11.4 per cent in terms of value, state media reported.
In June alone, the sector exported 48.9 million pairs valued at US$408.83 million, up 11.9 per cent in volume and 12.7 per cent in value.
Export value to EU market reportedly increased 12.7 per cent despite the anti-dumping tax of 10 per cent on some key shoe categories. Poland market recorded biggest Vietnam’s footwear import value on-year increase of 142 per cent.
Vietnam’s footwear exports to non-EU markets recorded strong growth including to the US with 5 per cent and 1.85 per cent on-year increase in volume and value, respectively. Both export value to Hong Kong and China markets increased with 71 per cent and 60 per cent.
Meanwhile, Vietnam’s footwear exports to many other markets including Brazil, Norway, Israel, and Malaysia decreased over the same period last year.
Leather capped shoes brought 87.93 million with 11.33 million pairs, up 42.5 per cent in terms of volume and 62.7 per cent in value. Sport shoes with rubber soles gained US$47.81 million.
Fiber capped and waterproof shoes exports decreased 62.53 per cent or 117.16 million and 94.4 per cent or US$29.85 million, respectively.
This year, the country’s shoe industry expects to obtain US$3.9-4 billion from exports, compared with US$3.59 billion last year, said the Vietnam Leather and Footwear Association. (Business Forum Aug 8, Vietnam Panorama)
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