Indonesian shoe makers association Aprisindo has lowered its estimates of footwear exports slightly this year from $1.7 billion to $1.6 billion. The association’s secretary, Djimanto, said that the global economic slowdown, especially in the US, was to blame for the shortfall.

Djimanto went on to say that prospects are not good for the country’s footwear sector because of the improving trade relationship between Vietnam and the US and the entry of China into the World Trade Organisation (WTO). This will mean exports to the US, which account for 40% of all Indonesia’s footwear exports, will encounter fierce competition as the country is forced to open its doors to exports from China.

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