Footwear Industry

More than 100 Honduran shoe-manufacturing workshops risk closure due to a 5–10% rise in raw-material costs linked partly to power blackouts and rationing, threatening over 400 jobs, the industry association warned.

The head of Honduras's footwear industry association warns that cheap Chinese shoe imports are pushing most local workshops toward crisis, cutting production sharply.

The Footwear Industry Association says more than 300 workshops have closed in three years and 2,000 workers lost jobs as cheap Chinese imports, rising production costs, and higher fuel and electricity prices undermine local manufacturers' competitiveness.