Thursday, 18 September 2014 00:00
Ceylon Chamber study finds China is leading footwear exporter to Sri Lanka
Sri Lankan manufactured footwear exports have doubled during the year 2013, compared to what was exported in 2012, a new study conducted by the Ceylon Chamber has found, while the trend is expected to continue during the year 2014, as well, the study reveals.
According to the study, which is titled ‘Footwear Exports and Imports of Sri Lanka – Statistical Analysis’, which covers the periods of 2006 to 2013, Australia and Italy rank as the main export markets for Sri Lankan footwear.
The analysis also shows that China is the leading exporter of footwear to Sri Lankan market accounting for 41% of the total footwear imports made by the country in 2013. India follows with an 18% share.
Sri Lanka has imported footwear for a value of Rs. 3.2 billion during the year 2013, a 30% increase from what was imported in 2012.
The ‘Footwear Exports and Imports of Sri Lanka – Statistical Analysis’ conducted by the Chamber, includes a comprehensive cover of products under HS code 64 by footwear category and country of origin, comparison of footwear exports and imports of Sri Lanka. During the last eight years, a brief overview of the world footwear market, global trends and forecasts of the footwear industry, value and direction of Sri Lanka’s footwear exports and imports, major markets for Sri Lankan footwear and major sources of imports of footwear into Sri Lanka etc.
The latest analysis is now available for sale; call 11 5588883 to find out more details about the study.