Senegal Strengthens Exports Of Textiles And Other Products To The US

Recently, Diouf, director of Senegal trade and export promotion agency, said that Senegal is now stepping up its development of trade with the United States under the framework of "AGOA" and improving the export of agricultural products, marine fish products and textiles to the US market.

The African economic growth opportunity (AGOA) act was passed by the US Congress in May 2000 to strengthen trade opportunities between the United States and African countries and allow about 6400 products from 39 African countries. duty-free Enter the US market.

In recent years, Senegal and U.S.A There was a huge deficit between economic and trade. In 2013, Senegal imported 88 billion West African Franc from the United States and exported only 4 billion West African Franc.

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Industry analysts told reporters that at present, the footwear industry is Vietnam's third largest export industry, and it has become the second largest exporter of shoes after China. Vietnam Customs Department statistics show that in 2013, Vietnam exported shoes about 10 billion 320 million US dollars, an increase of 18% over the same period last year. In the first half of 2014, Vietnam exported about 4 billion 600 million US dollars of shoes, an increase of more than 20%.

It is understood that because of low labor costs and strong competitiveness of export products, Vietnam has attracted many foreign enterprises' orders. Statistics from Vietnam leather shoes and bags Association show that in the first half of 2014, Nike, Adidas, Puma and other enterprises have transferred large quantities of their orders in China to Vietnamese factories. Previously, companies that only ordered in China also intend to invest in Vietnam.

However, Ma Gang pointed out to reporters that Southeast Asian manufacturing does have great challenges to China's exports, but this is a different level of competition. Vietnam is better at low-end manufacturing and cost advantages. Of course, China's enterprises do not have the advantage compared with them, but in terms of quality, China's products still have the right to speak.

Zhu Qinghua said that in response to the rise of some new "cheap" manufacturing areas such as Vietnam, Chinese shoe enterprises should upgrade and transform their products and win by quality. They should not continue to struggle in the "price war". Click to enter the application page: "ten years of mutual gratitude and feedback - Huicong silk screen printing net 10th anniversary celebration group buying gift"