China’s footwear exports to U.S. decline while Vietnam’s exports soar

Among the top five countries exporting footwear products to the United States, only China’s exports fell in January, while exports to Vietnam, Indonesia, Italy and Cambodia all increased. The monthly report of the Office of Textiles and Apparel of the U.S. Department of Commerce (OTEXA) shows that the amount of U.S. footwear imports from China decreased by 6.4% in January to $1.31 billion, compared with $1.4 billion in the same period last year, and the import volume decreased by 12.2% to $1.31 billion. 166.95 million pairs of shoes, compared with 190.7 million pairs in January 2018. The export value of the top five countries to the United States accounts for 89% of the total amount of imported footwear products in the United States.

OTEXA reported that Vietnam’s exports of footwear products to the United States increased by 14.2% in January this year to 619.8 million The U.S. dollar has maintained a 32-month streak of growth. The export value of its Asian competitors Indonesia and Cambodia to the United States also increased by 19.4% and 24.9% respectively. Italy grew 2.6% to $126.25 million.

The total imports of footwear products in the United States in January 2019 was US$2.49 billion, a year-on-year increase of 1.63%, but Import volume fell by 5.3%, from 257.29 million pairs in 2018 to 244.23 million pairs.

According to the Footwear Dealers and Retailers Association (FDRA) monthly analysis report, shoe sales in January Import taxes on footwear products increased to US$290.7 million. As the United States and China continue to negotiate on ending tariffs, import tariffs on footwear products hit another record.

China is still the largest supplier of footwear products to the United States, accounting for 69% of the U.S. market share. FDRA pointed out that Vietnam, ranked second, became the largest supplier of rubber/fabric footwear to the United States. In January, U.S. imports of sports shoes increased by 10%, and imports of boots increased by 9.1%. The growth mainly came from Vietnam and Indonesia.

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