Vietnam ranks second in footwear exports to Colombia

(VOV) -Vietnam came second in footwear exports to Colombia, earning more than US$78 million in 2013, accounting for 17% of the South American country’s total footwear imports.

Despite a sharp decline of 22% in 2013, China remained Colombia’s largest footwear exporter, making up 52% of Colombia’s market share followed by Brazil (8%), Indonesia (7%), and Ecuador (6%).

Last year, Colombia’s footwear and accessories imports fell by 10% to US$ 473 million, primarily attributable to the imposition of a 10% tariff on imports.