Country exports €1.9 billion in shoes in 2018

in News · 08-01-2019 08:30:00 · 0 Comments
Country exports €1.9 billion in shoes in 2018

Portugal exported €1.904 billion in shoes in 2018, 2.85 percent less year-on-year, according to the country's footwear association APICCAPS.

These figures are justified by a slowdown in the growth of the major world economies, APICCAPS said. The impact of the trade war between the United States and China also had an effect on footwear exports, as did the slowdown in the European economy and crises in emerging markets. The association said Portugal's main competitors, Italy and Spain, are also suffering in this context.


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