Sunday, March 2, 2014

Chinese exports are the ones who pay for the shoes ... - to the Minute News

Six million euros the amount was achieved by direct exports of Portuguese footwear industry for the Chinese market last year. According to the figures put forward by the Diário de Notícias (DN), China paid an average of 32 euros per pair of shoes ‘Made in Portugal’, almost as much as the Italians.

Portugal is the seventh supplier of footwear from China. Altogether, tells the Daily News (DN), direct exports of Portuguese shoes for this Asian giant surpassed its millions of euros.

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However, this value grows if added indirect exports, estimating a cash inflow of EUR 20 million last year.

Besides

buyer in bulk, China is assumed as the consumer pays more for the Portuguese shoes. If on average each pair costs 23 euros, for the Chinese price rises to 32 euros, just under three euros of the price charged by Italy, the number one country in the sector.

Between 1974 and 2012, the number of shoe companies in Portugal grew from 673 to 1,354, and the number of workers in the sector, which went from 15,299 to 35,355. Production levels also increased in these past 32 years, having been manufactured 74,154 pairs of shoes in 2012, against 15,000 in 1974.

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