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Showing posts with label shoes exports in the first half of 2007. Show all posts
Showing posts with label shoes exports in the first half of 2007. Show all posts

Friday, August 24, 2007

China's shoes exports expand in first half


China, the world's largest shoes producer and exporter, saw a 17.5 percent rise in the value of its shoes exports in the first half of 2007, but prices per pair were lower than that for the previous year.

In the January-June period, China exported 4.4 billion pairs of shoes, worth $12 billion, said Wang Hanjiang, president of the China Chamber of Commerce for Import and Export of Light Industrial Products, Arts and Crafts.

The shoes were priced at an average of $2.7 per pair, down from $2.8 for the whole of 2006 when China sold 7.8 billion pairs of shoes abroad.

Two billion of them, worth $7.6 billion, were sold to the United States, the largest importer of Chinese-made shoes, at an average price less than a third of that of made-in-Italy shoes, said Wang.

Despite rapid development of China's shoemaking industry, most local manufacturers were small, exporting low-end products and earning low profits, said Wang.