Footwear: Event Suspended in Panama

Because of the crisis that has been generated in several Asian countries by the presence of the coronavirus, the organizers of ExpoTrend Summer 2020 reported that the international event is suspended.

Tuesday, February 4, 2020

The event was to take place from February 10-12 at the Atlapa Convention Center in the Panamanian capital, however, due to the coronavirus outbreak, which has spread to several Asian cities, it was decided to cancel it.

You may be interested in "Footwear: Business with Vietnam Still Rising"

Laestrella.com.pa reviews that "... given the delay, closure of international flights and cargo vehicles caused by the outbreak and spread of the coronavirus, most exhibitors are unable to receive the seasonal samples they would be exhibiting at the event and which come from Asia."

The article adds that "... The suspension of the exhibition, whose new date is being announced in a month's time, is also in response to the World Health Organization's (WHO) recommendation to avoid mass religious and festive events, added the organizers of ExpoTrend Summer 2020."

As a result of the outbreak of this virus, so far more than 300 people have died and cases are being reported in several cities in Asia, the Americas and Europe.



More on this topic

Footwear: Post-Quarantine Sales Outlook

April 2020

When Central American economies begin to relax the restrictions that have been imposed to prevent the spread of covid-19, sales of men's tennis are predicted to decline by at least 3%.

Using a demand-income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations that household demand for different goods and services will undergo as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the countries of the region are lifted.

Footwear: Purchases were down 3% in 2018

June 2019

In 2018, Central American countries imported $739 million in footwear and footwear parts, and 32% of the imported value came from China, 7% from the U.S., 5% from Vietnam and 4% from Brazil.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Nicaragua: Clothing Market Decreasing

October 2018

Imports of footwear and clothing fell 8% in the first half of the year compared to the same period in 2017, and production in the country contracted by around 30%.

According to representatives of the guilds of the Nicaraguan Chamber of Leather Shoes (CNCC), and the Nicaraguan Chamber of Leather and Footwear (Camcunic), in the first six months the local production of clothing and footwear has decreased by about 30%.


Footwear: In Search of New Business

March 2018

Re-exporters in the Colon Free Zone are seeking to attract companies from Peru, Uruguay, Brazil and Mexico, to compensate for some they of the businesses that have lost due to the taxes imposed by Colombia.

Nearly 70 companies in the Colon Free Zone (CFZ) are among the most affected by the tariff measures imposed by Colombia, the main importer of footwear and textiles that is re-exported from the FTA to Latin America. Panamaamerica.com.pa reports that this is added to  "... Venezuela's economic condition and a drop in purchases from Caribbean countries."

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