2 Oct 2020
But total year-to-date export value remains below 2019 levels
Beijing – China exported 707 million pairs of shoes in August, down by 14.1% from a year ago. This contrasts to a 23.9% decrease year-on-year in export volume in July.
The value of exports in August contracted by 17.8% year-on-year, to $3.4 billion (€2.9 billion), according to China’s General Administration of Customs. This compares to a 23.2% drop in export value in July.
The country exported 4.6 billion pairs of footwear over the first eight months of 2020, down by 28.9% from the same period in 2019. The rate of decline was two percentage points lower than July.
The value of eight-month exports fell by 27.4% year-on-year – 1.5 points lower than July – to $21.7 billion.
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