Economic status of China’s Leather and Footwear Industry in 2017

The performance of China’s leather and footwear Industries maintained a growth trend in the previous year. The sales revenue generated by leather, fur, finished products and footwear companies was  RMB1.37 trillion, increasing by 3.08% from the previous year.

The exports of leather and footwear industry were USD78.7 billion, increasing by 3.11% year-on-year. Among them, leather goods contributed 2.09 percentage points, by shoes with 0.97% percentage points.

The imports of leather and footwear industry reached USD9.8 billion, increasing by 10.7% from the previous year, in which footwear contributed 5.49% to the growth of imports, by handbags with 4.51%.