The piece below appeared in leatherbiz.com on January 20, 2009
Vietnam’s exports keep growing
Despite the world financial economic downturn, Vietnam’s total exports in first eleven months of 2008 rose to $58.5 billion from $43.6 billion - recording growth of 34.2%.
The share of leather footwear and products was $4.9 billion compared to $ 4.1 billion for the same period in 2007, growth of 21.8%, according to data released by the state-run General Statistics Office.
Vietnam exported leather footwear worth $4.2 billion and other leather products worth $756 million during the 11-month period, showing growth of 19.7% and 35.5% respectively.
During November 2008 alone, Vietnam footwear exports stood at $400 million against $320 million in the corresponding month the year before. The export of leather products stood at $80 million as opposed to $50 million, in November 2007.
