Portuguese expect export decline
26.10.2011 1987

Portuguese expect export decline

Representatives of the Portuguese shoe industry suggest that after several years of steady growth in order volumes, a gradual decline in export supplies will begin in the coming months, due to the deterioration of the economic situation in major sales markets.

The enterprises of the industry export 1,3 billion euros worth of their products annually, but the ongoing global economic crisis may make significant adjustments to these figures.

The chairman of the Portuguese Association of the shoe and leather industry, Paulo Gonçalves, believes that the slowdown in the global economy cannot but affect the performance of the national shoe industry, which operates almost exclusively for export.

According to him, up to 95% of footwear produced in Portugal is intended for deliveries abroad by orders of various foreign partners. If there are fewer orders (and this is exactly what goes), then the number of shoes produced will be significantly reduced.

According to the latest data from the National Institute of Statistics, in the first eight months of the year, shoe production in Portugal grew by more than 20%. This indicator was the best for the last 17 years. Portuguese shoes are delivered today in 132 countries of the world. The surplus from the sale of this type of product is about 900 million euros.

Today it is the best indicator for the entire Portuguese economy, for all types of products manufactured in the country. In many markets, Portuguese shoe brands are becoming recognizable and quite competitive in terms of price and quality.

Representatives of the Portuguese shoe industry suggest that after several years of steady growth in order volumes in the coming months, a gradual decline in export supplies will begin, caused by ...

Latest News

Lego and Adidas ZX 8000 collaboration released

The sneaker, inspired by Lego bricks, will be out this week. The imminent exit of the collaboration with Lego Adidas announced on his blog on Instagram.
23.09.2020 54

In terms of Paris Fashion Week - 19 fashion shows

Paris Fashion Week runs from 28 September to 6 October. The event plan includes 19 fashion shows, including Dior, Hermès, Chanel and Louis Vuitton, as well as a number of presentations, despite the renewed increase in ...
21.09.2020 222

Wildberries entered the Ukrainian market

Online retailer Wildberries has started selling in Ukraine. The order of goods is carried out in the online store, as well as through the iOS mobile application. In the near future, the possibility of ordering through ...
21.09.2020 201

Three new mules will be released in collaboration between UGG and Molly Goddard

British fashion designer Molly Goddard announced her collaboration with UGG during the presentation of her Spring 2021 collection at London Fashion Week. Colorful and innovative, the shoe collection combines UGG heritage with Molly Goddard's flamboyant playful style, ...
21.09.2020 187

The first MICAM day in Milan is a reflection of the situation on the global fashion market

The largest international exhibition of footwear MICAM, which will run from 20 to 23 September, has started in Milan. This exhibition is the 90th in a row, and the first in the history of the event, which is held in such a truncated format.
21.09.2020 451
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning