Market Turmoil Dongguan Shoes Exports Fell 40% In The First Month Of The New Year

Yesterday, the reporter learned from the Whampoa customs Fenggang office, in January this year, the export volume of footwear in Dongguan dropped by 40% over the same period last year.

It is learnt that Dongguan exported 37 million 620 thousand pairs of shoes in January, a sharp decrease of 40.8% compared with the same period last year, with an export volume of US $250 million, compared with the same period last year (the same below), an increase of 0.6%.

In addition, the number of export enterprises decreased in January.

In January, there were 361 enterprises with export shoes recorded in Dongguan, a decrease of 4.7% compared with the same period last year.

Among them, only 2 enterprises export more than ten million dollars, a total of exports of 55 million 510 thousand US dollars, accounting for 22.5%.

A customs official pointed out that this year's shoe industry in Dongguan will not only face the adverse effects of the financial crisis on slowing down external demand, but also face the volatility risk of the Brazil market.

It is reported that in December 31, 2008, Brazil filed anti-dumping investigations on footwear products originating in China and Vietnam, whose customs code was 6402 and 6405. The anti-dumping duty on products involved was 435.7%.

Brazil is a new export market. In January 2009, Dongguan exported Brazil footwear to US $994 thousand, an increase of 1.8 times compared to the same period last year. If exports to Brazil, this emerging market is impacted, the export situation in the second half of this year is bound to be affected.

Wang Xiaonan: editor in charge