Ever since the EU has levied anti-dumping duty of 16.5 percent on Chinese made leather shoes, country's exports of the same is suffering badly. However, Guangdong shoe industry managed to withstand pressures and has achieved growth in exports.
According to the latest statistics from Dongguan Customs, Guangdong exported around 1.94 billion pairs of shoes and boots worth of US $4.54 billion in the first six months of this year, up 24.1 and 16.9 percent. This is 18.9 percentage points higher over the same time last year.
This growth is contributed because of the emerging markets of Africa and ASEAN countries. Experts observe that since average export price declined by eight percent, increase in volume is seen during this period.
Exports to Africa doubled compared to last year and to ASEAN countries it augmented by over fifty percent.
Guangdong also exported shoes and boots to the United States, and the EU.
The province exported 600 million pairs, to the US with a modest increase of 0.8 percent, accounted for 30.9 percent of the total exports. To the EU, it was 190 million pairs, representing a rise of 29.3 percent.
Due to lowered export rebate rate, companies rushed orders, before its implementation, resulting growth .
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
