Home / Knowledge / News / Fashion / Aprisindo sees 6-7% growth for Indonesia's footwear exports
Aprisindo sees 6-7% growth for Indonesia's footwear exports
11
Jan '18
Growth of Indonesian footwear exports is expected to remain in the range of 6-7 per cent year-on-year in 2018, according to the Indonesian Footwear Association (Aprisindo), which feels lack of free trade agreements (FTAs) with the European Union (EU) and the United States is a barrier to competing in the global market, especially keeping Vietnam in eye.

As Indonesian footwear shipments to both the EU and the United States are stagnant, while the same for Vietnam keep rising, Aprisindo recently urged the Indonesian Government to sign free trade deals with both and improve the country’s logistics costs through infrastructure development and a more conducive tax environment, a portal monitoring investments in Vietnam reported.

Import duties for Indonesian footwear shipments into the EU are 11 percent higher than their Vietnamese counterparts.

Indonesian footwear products are exported to 160 countries, the biggest markets being the EU and the United States, which account for about three-fifths of the country’s total footwear exports. The Middle East is also emerging as a strong consumer of Indonesian shoes.
Investment in Indonesia’s footwear industry particularly originates from China and South Korea.

Rapidly rising minimum wages between 2013 and 2015 and the domestic supply of raw materials, primarily leather and rubber, are other problems in Indonesia. Despite being one of the world’s leading natural rubber producers, Indonesia exports rubber for processing as domestic processing capabilities are insufficient. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search