5 Fast Footwear Import Insights
Current Data Released is for February 2020
Total footwear imports sank to the lowest February volume in sixteen years.
Total footwear imports sank -20.8% in February, the sixth straight decline since List 4A duties were implemented and the biggest drop in nearly four years.
The average landed cost of all footwear imports rose 8.5% year-over-year, the fastest in 22 months and second-fastest in 47 months.
Imports from China plunged again while average duties per pair from China surged again.
. January & February data hint full-year footwear imports will tumble sharply, while duties will climb to another record in 2020.
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