Home Facts trade

Footwear exports in Shishi city set a new high

Footwear exports in Shishi city set a new high

Write: Ravid [2011-05-20]

According to news released from Shishi office of Fujian Inspection and Quarantine Bureau, footwear exports in the city set a record high to 112.974 million U.S. dollars in the first eight months, up 39.4% from a year earlier. Its value stands at 44.9% of the city total exports.

Due to production costs rising and revaluation of RMB, unit price for per pair of shoes rose by 12.89% to $3.24 dollars for the same period.

An official of Fujian Inspection and Quarantine Bureau expressed the satisfaction on footwear exports, and said the unite price increase is evident to the improvement on competitiveness and value-added in footwear exports, high-priced footwear exported to EU and America shows strong growth, shoe made from textile to EU grew 199.1% while exports to Middle East, Africa, ASEAN and other emerging regions remained the same or even slight decline.