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The Import And Export Trade Of Sri Lanka Footwear Products Is Growing At An Alarming Rate.

2014/10/26 13:02:00 53

Sri LankaFootwear ProductsImport And Export Trade

According to the recent reports of India leather industry media, the export growth rate of Sri Lanka footwear is staggering, and it will show good performance in 2014.

Official statistics show that exports of footwear in Sri Lanka in 2013 doubled to $21 million 700 thousand in 2012, mainly in Australia (56%) and Italy (12%).

   Imported The speed also increased. In 2013, imports reached $18 million 700 thousand, an increase of 46% over 2012. China is the main supplier of the footwear industry in Sri Lanka, accounting for 38% of its market share. Vietnam, India, Indonesia, Singapore and the United States accounted for 17%, 15%, 7%, 7% and 5% respectively.

From 2006 to 2013, Sri Lanka The volume of international trade has risen sharply and the annual export volume has increased by an average of 14.1%.

   Ceylon Chamber Of Commerce (The Ceylon Chamber of Commerce) recently released a report predicting that the growth trend of Sri Lanka exports in 2014 will continue.

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On the 23 day, "the 2014 China Leather Industry Development Forum and the China Leather Association leather Specialized Committee annual conference", the Deputy Secretary General of China Leather Association Chen Zhanguang introduced the economic operation of leather industry in 1-8 months.

He said that sales growth slowed down in 1-8 months, and the total sales revenue of enterprises in the whole country was 802 billion 705 million yuan, an increase of 9.84% over the same period last year, and the growth rate dropped 1.52 percentage points. The gross profit margin of the leather industry is 6.06%, an increase of 0.20% over the same period last year.

In the 1-8 month, the main leather industry in China exported 58 billion 200 million US dollars, an increase of 10.3% over the same period last year, and the growth rate was 1.3 percentage points faster. Among them, footwear contributed most to the export growth rate of 9.86%, while leather clothing, travel goods and bags, fur clothing and leather shoes contributed to export growth of -0.04%, -0.75%, 1.08% and 3.06%.

The main industry imports amounted to US $6 billion 200 million, an increase of 11.2% over the same period, and the growth rate was accelerated by 4 percentage points. The contribution to import growth is 6.2%. Among them, footwear contributed 4.2% to import growth, 1.75% for travel articles and bags, and 5% for semi finished leather, finished leather and tanned fur.

In leather making industry, the output of light leather in 1-8 months continued to decrease, and the rate of decline increased sharply. On the other hand, tannery enterprises produced 383 million square meters of light leather, down 0.71% from the same period last year, and the growth rate picked up 20.2 percentage points. Sales revenue growth rate increased slightly. On the other hand, tannery enterprises' sales revenue was 107 billion 140 million yuan, up 8.9% over the same period last year, and the growth rate was 1.6 percentage points faster. Tanning industry sales profit margin was 6.1%, down 0.2 percentage points year-on-year. Imports of raw leather, semi finished leather and finished leather decreased and prices remained high.

The production of leather shoes industry increased in the 1-8 month than that of the previous year, and the production of leather shoes for enterprises was 2 billion 890 million pairs, an increase of 3.3% over the same period last year. The growth rate was 1.8 percentage points faster than that in the first half of the year. Sales revenue growth has dropped. The sales revenue of leather shoes enterprises was 282 billion 30 million yuan, an increase of 6.4% over the same period last year, and the growth rate dropped 1.75 percentage points. Leather shoes sales profit margin was 6.8%, an increase of 0.65 percentage points over the same period last year. Leather shoes exports 650 million pairs, reaching 9 billion 100 million US dollars, up 17.9% and 21.4% respectively over the same period.

Leather clothing production growth accelerated, 51 million 825 thousand, an increase of 7.2% over the same period, the growth rate accelerated 1 percentage points. Sales revenue growth accelerated, to 50 billion 340 million yuan, an increase of 13.8% over the same period, and the growth rate was accelerated by 2.5 percentage points. The national leather clothing sales profit margin was 9.1%, down 0.7 percentage points year-on-year. Leather garments exported 5 million 590 thousand pieces, 360 million US dollars, down 9.1% and 5.6% respectively.

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