Imports Of Sports Shoes Increased By 11.6% In The United States.

According to the data released by the US government, the import value of the footwear industry in the United States reached US $2 billion 900 million in 2015, far higher than US $200 million in 2014.

The annual import volume and import volume reached the latest record, up 5.8% and 5.7% respectively over the same period, and the growth rate is much faster than the past 4 or 5 years.

China is still

Footwear consumers are the biggest suppliers, but

Once again, it slipped to 66%, falling to its lowest level in 15 years, while in 2014, China's market share was nearly 80%.

The import of American sports shoes increased by 11.6%, the import of children's shoes increased by 8.6%, and the import of boots increased by 2.1%.

Vietnam's market share expanded to a maximum of 4 billion 300 million US dollars, up 21.9% over the same period last year.

Chairman of the footwear dealers and Retailers Association (FDRA)

(Matt Priest), according to the analysis of us footwear import data in 2015, the TPP (p Pacific Partnership Agreement) played an important role in the steady development of the footwear industry in the United States. In the first year of the implementation of TPP, tariffs were reduced by only 500 million US dollars; the data also showed that sports shoes and leather shoes imported from Vietnam also increased.

Matt said this is a very encouraging thing, because more and more companies will start manufacturing, which means that TPP brings real tax benefits to the footwear industry, and the cost of shoes will reduce the cost of more middle-class families.