Exporting turnover of footwear to Hong Kong market increased by 60.1%. Export of shoes with uppers of leather significantly increased and had the largest turnover.

E-TradeNews- Vietnam’s footwear exporting turnover to Hong Kong in 2006 reached 34.9 million US dollars, increased by 48.66% in 2005. The year 2007 continuously witnesses Vietnam’s considerable increase in footwear export speed to this market. In May 2007, 383.05 thousands pairs were exported to this market with the value of 4.3 millions US dollars which meant an increase of 305.5% in quantity and 351.7% in value compared to those of May 2006. Statistics say that in the first five months of 2007, Vietnam’s footwear exports to Hong Kong reached 1.62 millions pairs with the value of 18.67 millions US dollars, increased by 49.03% in quantity and 60.1% in value year on year.

Exports of shoes with uppers of leather to Hong Kong in the first five months of 2007 increased enormously and reached the largest turnover (4.9 millions US dollars), account for 27.1% the total turnover of footwear exports to this market. However, the average export price of this article decreases by 1.45% year on year. According to the statistics, in the first five months of 2007, 28.42 thousand of pairs of shoes with uppers of leather (taking up 10.5% the total number of footwear exports) were exported to Hong Kong with less than 15 US dollars per pair while in the first five months of 2006, this product cost more than 15 US dollars per pair.

In the first 5 months of 2007, there was an increase in both quantity and value of almost every kind of footwear exported to Hong Kong. Among that, shoes with soles/uppers of rubber/plastic increased the most, 397% in quantity and 472.4% in value. After that were shoes with uppers of composition leather and sport footwear of other kinds.

It is remarkable that in the first 5 months of 2007, exports of sport footwear of other kinds increased by 524.24% in quantity and 188.94% in value but its average export prices decreased the most, 53.71% year on year. The reason was that the quantity of shoes of more than 10 US dollars per pair fell 12.36 million pairs (equal to 64.43%) while quantity of shoes of less than 10 US dollars per pair increased 130.47 million pairs (equal to 3.906%).

On the other hand, export of some kinds of footwear to Hong Kong fell dramatically such as shoes of other kinds decreased by 70.97% in quantity (equal to 20.44 million pairs), 83.03% in value (equal to 390.73 thousand US dollars.) Shoes with uppers of textile materials decreased by 65.5% in quantity (equal to 126.44 thousand pairs), 58.66% in value (equal to 1.01 million US dollars).