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Anti-dumping duty on import of footwear from China
22 Sep '09
1 min read
Brazil's Ministry of Development, Industry and Foreign Trade has put in place an antidumping duty on import of shoes and tires from China. The decision to impose the same was taken by the Foreign Trade Board (Camex). As per the announcement, an additional levy of US $12.47 per pair of shoes will be imposed for imports from China.
Some products which have been excluded from the surcharge are beach sandals, sports shoes, dance shoes, disposable shoes, safety shoes, slippers, shoes fully made out of textile material, baby shoes whose upper is made out of fabric and shoes made out of natural leather, with the upper in strands.
The investigation in to dumping of shoes and footwear was initiated in December by the Foreign Trade Board on an application received from the Brazilian Association of Shoe Manufacturers (Abicalcados).
Brazilian leather exports generated revenues of $679 million from January to August, a 50.62 percent reduction, when compared with the same period last year. In August, shipments totaled US$ 96 million, growth of 4.35% over July. Last year, the industry exported the equivalent of $1.8 billion.
Some products which have been excluded from the surcharge are beach sandals, sports shoes, dance shoes, disposable shoes, safety shoes, slippers, shoes fully made out of textile material, baby shoes whose upper is made out of fabric and shoes made out of natural leather, with the upper in strands.
The investigation in to dumping of shoes and footwear was initiated in December by the Foreign Trade Board on an application received from the Brazilian Association of Shoe Manufacturers (Abicalcados).
Brazilian leather exports generated revenues of $679 million from January to August, a 50.62 percent reduction, when compared with the same period last year. In August, shipments totaled US$ 96 million, growth of 4.35% over July. Last year, the industry exported the equivalent of $1.8 billion.
Fibre2fashion News Desk - India
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