Export Big Shoe Enterprises Guangdong Encounter Waterloo

Under the stimulation of multiple unfavorable factors such as exchange rate changes and raw materials rising, Guangdong's export large footwear enterprises encountered Waterloo. Reporters learned from Guangzhou customs yesterday that Guangdong exported 1 billion 350 million pairs of shoes in 1~5 months this year, down 15.5% from the same period last year. What's more, it is worth noting that the most heavily exported Pearl River Delta region exports 940 million pairs of shoes, a sharp decrease of 25.7%, and nearly half of the export enterprises withdraw from the footwear industry.

Export enterprises have dropped by 2331 last year. Guangzhou customs professionals told reporters that this year, the Pearl River Delta region's footwear exports showed multiple "big changes".

The first thing to bear is that footwear companies have withdrawn greatly and export companies have reduced by nearly half, but the source said, "but the number of large export enterprises has increased."

According to statistics, in the 1~5 months this year, there were 2428 footwear export enterprises in the Pearl River Delta region, a sharp decrease of 2331 over the same period last year. Nearly half of the PRD footwear export enterprises have no export performance this year.

Reporters learned from the Federation of footwear associations and customs officials that the main reason for the great change in the export of footwear enterprises lies in the reduction of export tax rebates and the adjustment of processing trade policies, as well as the continued appreciation of the renminbi and the rapid rise in labor costs. "A number of shoe factories with insufficient internal force have begun to move to areas outside the PRD or to withdraw from the shoemaking industry", customs professional analysts told reporters.

However, it is fortunate that although the footwear export enterprises are suffering from a cold current, big enterprises still live very well.

Customs officials also said that the export performance had not been greatly affected, and the export value of 1~5 was $3 billion 460 million, which still achieved a 8% increase.

Among them, there are 4 enterprises that export shoes exceed 100 million US dollars, an increase of 2 over the same period last year.

Customs officials said.

European antidumping measures will be extended. It is learnt that with the tension in the Pearl River Delta, the appreciation of the renminbi and the impact of the subprime crisis on the US trade and the increasing inflationary pressure in China, the enterprises in the Pearl River Delta are facing severe challenges from the pain caused by the changes in the internal and external environment.

A series of anti-dumping investigations cited by customs reporters learned that footwear exports will still encounter several thresholds in the future. The latest EU anti-dumping has had some adverse effects on the footwear enterprises in the Pearl River Delta region. Customs officials said that the EU anti-dumping measures against China will expire in October this year.

But in mid this month, Artioli, chairman of the Italy Footwear Association (ANCI), declared in Milan that the European footwear Federation has decided to extend to the European Union the extension of anti-dumping measures on leather shoes in China and Vietnam to 5 years. Although it has yet to decide whether to continue to impose anti-dumping duties on China's leather shoes exported to the EU, the PRD footwear companies still need to respond positively and try to defuse the EU's possible anti-dumping duties.