New Changes of Global Footwear Supply(2)


The cost and labor problems are being and continue to plague Chinese shoes production.

This is a set of data about the hourly cost per shoe maker.

Ethiopia is the lowest ,0.36, followed by Bangladesh, Kampuchea, Thailand, and China. Chinese labor cost is the highest in Asian countries, and Brazil in South America is also very high. The cost of Kampuchea and Bangladesh is very low, but their cost continues to increase since 2014. In accordance with this trend, the cost of Bangladesh and Kampuchea will increase in the future. For example, in 2014 the cost of Vietnam increased by 25% compared with 2013, and Nicaragua also increased the cost, but generally lower than China.On the whole they will maintain this cost advantage.

But we can not help but to ask, who will be the potential capacity recipient countries of China?

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