Footwear grows more than 12% in the first half of the year

Portugal exported 33 million pairs of shoes, worth 752 million euros, in the first six months of 2021. According to the data from the National Institute of Statistics (INE), compared to the homologous period last year, there is a growth of 12.3%.

In a period of yet great uncertainty at the international level – the World Footwear data points to a full recovery of the footwear sector worldwide only in 2023 – “Portuguese footwear is showing signs of recovery”, highlights the Office of Studies of APICCAPS. The sector is still dependent on the evolution of several indicators, “but it will hardly reach, this year, the levels of 2019”. The evolution of the pandemic, the situation in Afghanistan, the rising costs of the raw materials, and logistical difficulties are aspects to be taken into account in the coming months.

Source: www.portugueseshoes.pt