Footwear export turnover in the first five months of 2010 increases by 8pct

Turnover of footwear exports of Vietnam in May 2010 reached $414.8 million, up by 9.8 percent compared to April 2010 and up by 10.8 percent compared to the same month of last year. This makes the total footwear exports to reach $1.8 billion in turnover, up by eight percent compared to the same period, accounting for 6.9 percent in the total national goods exports in the first five months of 2010.

The US is the leading market for footwear exports of Vietnam. In the first five months of 2010, turnover of this market reached $501 million, up by 12.3 percent over the same period of last year, accounting for 27.9 percent of total turnover. The UK ranks second with $195.5 million, up by four percent over the same period of last year, accounting for 10.9 percent of total turnover. Germany gets the third place with turnover of $126 million, up by three percent, accounting for seven percent of the total turnover. Holland comes last with $102.8 million, down by 14.1 percent, accounting for 5.7 percent of the total turnover.

In the first five months of 2010, some export markets for Vietnam footwear’s have seen strong growths. Brazil was $42 million, up by 326.6 percent over the same period of last year, accounting for 2.3 percent of total turnover. India followed with $4 million, up by 138 percent, accounting for 0.2 percent of total turnover. Denmark $7 million, up by 73.5 percent, accounting for 0.4 percent; Indonesia $3.6 million, up by 56.4 percent, accounting for 0.2 percent; the last is China with $54.7 million, up by 50.9 percent, accounting for three percent of total turnover

Some other footwear export markets of Vietnam have shown signs of reduction. Those include Cuba ($0.504 million, down by 75.7 percent over the same period of last year, accounting for 0.03 percent of total turnover); Portugal ($0.395 million, down by 50 percent, accounting for 0.02 percent); Poland ($1.5 million, down by 44.8 percent, accounting for 0.08 percent) and Greek ($4.8 million, down by 40.4 percent, accounting for 0.3 percent of total turnover). – Vinanet

Tags: Vietnam Footwear, Vietnam Footwear Exports

Posted by VBN on Jul 7 2010. Filed under Garment Textile, Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry