20% decreased Mexican footwear exports

According to the data released by CICEG, the Guanajuato Association of the Footwear Industry, based on figures provided by Customs, in the period from January to October 2020 compared to the same period in 2019, footwear exports fell 18% in volume and 20.7% in turnover.

The total shipments was 14.8 million pairs worth $ 321 million.

Leather footwear were the most affected. Their shipments abroad fell 28.7% in pairs and 25.7% in value. However, synthetic products showed an increase of 2.35% in pairs and 29.3% in the dollar value.

The main buyer of Mexican products is still the United States with 86% share, with a fall of 17.7% in volume in the period analyzed.

Then followed with 2.9% El Salvador, an increase of 293% on purchases, and Guatemala with 2.8% and a drop of 32.5%.

Other markets for exports are Spain, Costa Rica, Australia, Singapore, Canada, Chile and Panama, with less than 1% of total sales.

According to industry sources, analyzing data from government agencies, the sector of footwear in Mexico during 2020 suffered a shrinkage exceeding 32%, mainly due to lower consumption, affected by the decline in revenue due to the pandemic. This in a context of reduced social activities, where people spend more time in their homes and substantially restricts purchases of shoes and clothing.

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