Value up, volume down for Spanish shoe exports in Q1

03/07/2013
Spain’s footwear industry has recorded an increase in earnings from exports in the first quarter of 2013 compared to the same three-month period in 2012. However, the figures show a decline in export volumes.

Customs authorities have said Spanish footwear manufacturers shipped 38.5 million shoes to customers outside the country in the January-March 2013 period, earning EUR 672 million in revenues. This represents a decrease in volume of 6.6%, but an increase in value of nearly 4.9%.

Footwear manufacturers said they had been able to compensate for a fall in shipments to countries badly affected by the economic situation, such as Italy and Portugal, by increases in exports to France, Germany, Japan, China, the US and Canada.

Over the same period, retailers and distributors imported 112 million pairs of shoes into Spain, an increase of 9% compared to the first quarter of 2012. However, the value of footwear imports fell by 1.8% to EUR 583.5 million.