Wenzhou sets a record high on footwear export price

The city’s footwear exports in the first three quarters this year are more than the total exports of 2009 both in value and volume, reaching US$2.9 billion and 517 million pairs.

Global economic recovery and the quick improvement of foreign trade in China are the main reasons for a strong growth of shoe exports in Wenzhou. High-priced shoes increased shares in exports, as of September this year, 191,000 pairs of shoes with more than US$40 were exported, and the high-priced shoes made by Zhongtian Footwear in Wenzhou city were exported at price of US$150, which is the highest average price for Wenzhou footwear exports.

In recent years the footwear export has a trend of diversification that covers 159 countries and regions that including United States, Germany, Russia, Britain, Croatia, Ukraine, South Africa, Japan, Spain and France, USA still dominates the first place, accounting for 15.76% of city’s footwear exports.