Last Year, Vietnam'S Footwear Exports To The Chinese Market Increased By Nearly 50%.

According to Vietnam

Footwear and

Ruan Deshun, President of the association, revealed that in 2015, Vietnam

Exports of luggage and umbrellas nearly $15 billion, an increase of 16% over the previous year, of which exports to the Chinese market increased by nearly 50%.

Vietnam investment review 4 quoted Ruan Deshun as saying that in 2015 Vietnam's exports to traditional markets increased, except for China, exports to the United States increased by over 25%, and the EU growth exceeded 10%.

Previously, the EU was the largest consumer area of Vietnamese footwear, but in 2015, the United States for the first time became the largest importing area, with an import volume of nearly US $5 billion.

Ruan de Shun said that the target of Vietnam's footwear exports in 2016 was 17 billion US dollars, up 16-20% over the same period last year, because Vietnam signed a free trade agreement with the European Union and South Korea.

In the first two months of 2016, the EU Court announced that the anti-dumping provisions against certain leather footwear imports in Vietnam were partially invalid, which reduced the resistance of Vietnam's footwear exports to the European Union.

Vietnam is ranked fourth in the world in terms of footwear exports, ranking behind China, India and Brazil, but only after China and Italy in terms of export volume.