BEIJING—China's shoe exports had a little spring in their step in August.
China exported 707 million pairs of shoes that month, down by 14.1 percent from a year ago. Still, this contrasts favorably to the 23.9 percent decrease year-on-year in export volume in July.
The value of exports in August contracted by 17.8 percent year-on-year, to $3.4 billion, according to China's General Administration of Customs. This compares to a 23.2 percent drop in export value in July.
The country exported 4.6 billion pairs of footwear over the first eight months of 2020, down by 28.9 percent from the same period in 2019. The rate of decline was two percentage points lower than July.
The value of eight-month exports fell by 27.4 percent year-on-year—1.5 points lower than July—to $21.7 billion.