Spanish Footwear Import Tariff Quotas Increased, Shoemaker Profit Margins Narrowed
October 27th, a few days ago, the Spanish government Imported New policy regulations for shoes have been introduced, and imports have been identified as low. offer A heavy penalty will be imposed. This measure has greatly reduced the profits of local shoe manufacturers from domestic shoes, and the price advantage is hard to maintain. While the shoe companies in our city are exporting to Spain, customs duties are the responsibility of the buyer, so the Ordinance has little effect on it.
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Swiss shoe dealer
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Zheng Yunxing, executive director of the Spanish Footwear Association of China, said that the policy was not specifically targeted at Swiss shoe manufacturers. But because Wenzhou shoes accounted for over 60% of the market share in Spain, the Swiss shoe manufacturers also had a large share in Wenzhou shoe manufacturers, so in fact, they were greatly influenced by the policies and regulations.
It is understood that the main content of this policy regulation is not complicated. When the shoes are imported to Spain for customs declaration, the customs will compare them with the same or similar products in the customs catalogue according to the relevant models and materials of the shoes. If the price of these shoes is lower than that of the customs tariff, the goods will be seized, and the shoe dealers will be able to get the goods back after they pay customs duties, VAT and corresponding penalties according to the catalog price.
It is this supplementary duty, value-added tax and fines that make Zheng Yunxing and other Swiss shoe dealers panic.
Spanish footwear import tariff is 17%, value-added tax is 18%, fines are determined according to the amount of tax to be paid.
The price quoted by Swiss footwear dealers in Spain is usually only 1 euro or even lower, while the current prices in Spain are much higher.
Zheng Yunxing said that the Spanish government has been very relaxed about the import quotas, and no such strict measures have been taken.
After the increase in customs quotations, the customs tax on the original container was around 10000 euros, and now it is 15000 euros or even higher. The profit margins of the wholesale shoe are reduced by a lot.
Some Swiss shoe makers speculate that this may be a means of "open source" by the Spanish government in the financial crisis.
Some shoemaker changed the strategy of entering the Spanish market, instead of Portugal, the land entered Spain and avoided the "meeting" with the Spanish customs.
No impact on shoe companies in our city
It is understood that many shoe companies in our city have a large number of shoes exported to Spain.
Reporters learned from Rong Guang group that the shoes exported to Spain were first sent to Ningbo, and then sent from Ningbo to Spain.
Rong Guang group only needs to issue shoes, and does not need to deal with the Spanish customs.
Spanish customs are exposed by buyers, and duties are also held by buyers. The adjustment of the policy is not much related to enterprises.
"At present, the number of shoes exported to Spain has not changed much."
The staff of the Seine shoe industry also said that the changes in the customs declaration of the Spanish customs had no great impact on the enterprises, and the sales volume was relatively stable.
It is understood that most Swiss shoe manufacturers understand the Spanish government's policies and regulations, but they are quite dissatisfied with the customs's recognition of low quotations. The price of the Spanish customs footwear catalog is the price of Spain and EU products, but the cost of production in the EU is far higher than that in the domestic market. It is unfair to determine whether the price of Wenzhou shoes is low based on the price of EU shoes.
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