Bags / Shoes & Accessories

According to statistics from the Central Bank of Nicaragua, from January to July 2021, the import volume of ready-made clothing and footwear was 37,060.9 tons, an increase of 32.8% over the same period of the previous year.

Imports amounted to 97.6 million U.S. dollars, an increase of 49.4% compared to 63.5 million U.S. dollars in the same period of the previous year, and even higher than the 82.2 million U.S. dollars of imports in the same period of 2017. In July this year, apparel and footwear imports amounted to US$14.1 million, a 78.4% increase from US$7.9 million in the same period last year, and imports amounted to 5,638.2 tons compared to 3,569.9 tons in the same period last year, an increase of 57.9%.

Alejadro Delgado, chairman of the National Leather and Footwear Association (Camara Nacional de Cuero, Calzado y Afines de Nicaragua, Camcunic), said that last year, the decline in demand for clothing and footwear in Nigeria was impacted by the decline in demand for the epidemic and the inconvenience of shipping and transportation, which led to a serious decline in imports. This year, the resumption of production and imports of raw materials for shoe materials in Mexico has increased, which is conducive to the production of the shoe industry in Nigeria. It is expected that in the fourth quarter of this year, the domestic footwear sales volume in Nigeria will reach at least 2 million pairs, and the annual footwear production volume will be 12 million pairs, of which student shoes and work shoes are the main products, and Panama and Costa Rica are the main products. The main export market.