VIETNAM: UK tops synthetic leather shoe imports in May
The Vietnamese Ministry of Trade (MOT) says the UK emerged as the country's biggest importer of synthetic upper shoes in the month of May.
UK companies imported 2.27m pairs valued at US$16.45m, accounting for around 32% of total synthetic leather shoes shipped to the EU.
In May, the EU as a whole imported around 7m pairs, accounting for 70% of total exports of these products. Vietnam shipped 10.06m pairs of synthetic leather shoes during the month, generating $78.58m, up by 144% compared with the same month last year.
Synthetic leather shoes were the largest foreign currency earner for the Vietnamese footwear industry for the January to May period, while many other footwear products suffered a slump due to the EC's anti-dumping lawsuit on shoes made from leather.
Germany sourced 1.5m pairs for $10.11m, Italy 693,400 pairs for $6.74m and the Netherlands 831,750 pairs, worth $6.62m.
According to the MOT, Vietnam's total footwear exports in May 2007 reached $310m, registering a slight growth of 2.3% year-on-year.
By Ngo Tuan.
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