Rapid growth for Vietnam's leathergoods and footwear - leatherbiz: Lea Leatherbiz

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Rapid growth for Vietnam's leathergoods and footwear exports

17/01/2014
The Vietnam Leather, Footwear and Handbag Association (LEFASO) has published figures which show footwear and leathergoods exports from the country in 2013 totalled $10.32 billion – 18% higher than the year before – and now account for 8% of total exports.

The value of leathergoods exports reached $1.92 billion in value, a 26% increase, while footwear exports grew 15% to $8.4 billion. 

LEFASO is targeting a total $12 billion in 2014 as it hopes to benefit from various trade agreements, such as the Trans-Pacific Partnership and an EU agreement, currently under discussion. A third of leathergoods and shoe exports went to the US and a third to the EU.




Related stories:

Vietnam needs to attract tanning groups - Lefaso 08/12/2014
Lefaso lays down leather targets 22/07/2014
Vietnam mulls leather testing 01/07/2014
US fashion footwear sales rise 4% in 2013 19/02/2014

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