Market Turbulence, Dongguan Shoes Exports Dropped By 40% In The First Month Of The New Year

Yesterday, the reporter learned from the Fenggang Office of Huangpu Customs that in January this year, Dongguan's footwear exports dropped by 40% compared with the same period last year. It is reported that Dongguan exported 37.62 million pairs of shoes in January, a sharp drop of 40.8% year on year, with an export volume of 250 million US dollars, an increase of 0.6% compared with the same period last year (the same below). In addition, the number of export enterprises decreased in January. In January, there were 361 enterprises with records of exporting shoes in Dongguan, a year-on-year decrease of 4.7%. Among them, there are only two enterprises that export more than ten million dollars, with a total export of 55.51 million dollars, accounting for 22.5%. A customs official pointed out that this year, in addition to dealing with the adverse impact of the financial crisis on slowing foreign demand, Dongguan shoe industry will also face the risk of fluctuations in the Brazilian market. It is reported that on December 31, 2008, Brazil initiated an anti-dumping investigation on footwear products originating in China and Vietnam with customs codes 6402 and 6405, and proposed to levy anti-dumping duties on the products involved, amounting to 435.7%. Brazil is an emerging export market. In January 2009, Dongguan exported 994000 dollars of Brazilian shoes, an increase of 1.8 times over the same period last year. If the export to Brazil, an emerging market, is impacted, the export situation in the second half of the year is bound to be affected.   Editor in charge: Wang Xiaonan