Have All The Shoes In Busan Come To China?

Some people will ask: "does the shoe industry in Busan still exist?

Have all the shoes in Busan gone to China and Vietnam? "

Recently, a business owner in Seoul raised this question.

Many people think that the 20 world of Busan footwear industry will gradually decline after reaching a peak in 90s. This is also consistent with the cyclical activities of an industry, but this is not the case.

Once the footwear industry in Busan used the pure demand production and sale as the main line, it carried out an industry chain activity very regularly. However, since these shoe manufacturers extended their production to overseas, many people in China worried about whether the shoe industry in Busan had disappeared.

In fact, South Korea's footwear industry in Busan is now pforming from the traditional shoe industry structure to a more value-added industry. Although the production of some traditional shoes has gone overseas, the production of high-performance smart shoes is still in Korea.

According to incomplete statistics, in the 20 world of the peak period of footwear industry in Busan, the footwear industry in Busan can create a value of US $4 billion 500 million, and the value it can create now has increased to 6 billion US dollars in 90s.

As a result, the shoe industry in Busan has not started to decline as it feared.

Finally, I hope that Korean shoe industry can compete with Nike and Adidas in Germany at an early date.