In the first half of 2024, Portugal’s footwear industry exported over 36 million pairs of shoes valued at €843 million, marking a year-on-year growth of 5.4% in volume and 3.7% in value, according to APICCAPS, the Portuguese Footwear, Components, Leather Goods and Related Products Industry Association.
“This has been a very demanding year for the footwear industry globally,” said Luís Onofre, president of APICCAPS, in a statement. “But the Portuguese industry has been gaining market share against major international players.”
With over 90% of production exported to 170 countries, Portuguese footwear has shown resilience despite global challenges. “This diversified export base enables us to maintain a positive overall performance,” said Onofre.
Still, APICCAPS warns that the sector’s suc