“Romania’s footwear export dropped to a little more than $1 billion last year, close to a decade low,” the analysts of the market research company World Footwear say.
Italy remained the main destination for the footwear made in Romania, followed by other Central and Western European markets, they added.
The poor performance in 2015 caused Romania to exit the top 15 exporters, dropping two places from 14th in 2014.
World’s shoes exports stood at $127 billion in 2015, with China accounting for 40% of that. Romania, despite being an important manufacturer and exporter, accounted for less than 1%.
(English version by Loredana Fratila-Cristescu)