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Why the Pearl River Delta has begun to export footwear worth it?

After 20 years of accumulation, footwear plays a role Guangdong in the industry. Guangdong has become a center of global business provider of shoes and shoe materials, shoe making industry, low total cost of raw materials business development, production and marketing more capacity. There are tens of thousands of shoe manufacturers, which employs more than 200 million people. Shoes have become an important industry in Guangdong and main export, the export value this year after year is growing rapidly, according to customs statistics, in 2001 in Guangzhou Guangdong exported 4.34 billion U.S. dollars shoes for 2007 rose to $ 92 million, six years more than doubled during the period, the average annual growth rate of 13.3%.
Shoes for a new round of industrial restructuring through the competition, this year marked Pearl River exports of footwear valued at Delta Discount! From January to May 2008, Guangdong exported 1.35 billion pairs of shoes with the same period last year (below) decreased 15.5%, value of U.S. exports $ 3,970,000,000, an increase of 9.4%. A production of footwear and the most intensive exports of Guangdong Pearl River Delta 940 million pairs of different shoes, a substantial decrease of 25.7%, export value U.S. $ 3,460,000,000, an increase of 8%. Exports showed the following main features:
competition speed: nearly half of small and medium enterprises to export cut
Since 2007, cut in export rebates and tax policies transformation trade, the yuan continues to appreciate rapidly rising labor costs and increasingly competitive factors in the shoe industry, such as a multiple crisis in both sides, began a group of "inner strength less than" shoe factories began to move outside the triangle or accounts outside the footwear industry.
From January to May this year, the Pearl River Delta export shoes are 2428, 2331 decreased last year, almost half the Pearl River Delta companies Export of footwear exports this year have not done. Although PRD shoes exporters fell by almost half, but the results of export has been greatly affected, the export value of U.S. $ 3.46 billion May 1, always achieving a growth of 8%. More than $ 100 million export U.S. Shoes are four companies last year increased by 2, over 1 million dollars on the export of footwear with 62 companies the year last increased in July of the 62 exporting companies from January to May of footwear U.S. $ 2.04 billion, a substantial increase of 16.5% over the same period exports Pearl River Delta accounts for 59% of exports of footwear, footwear exports from the PRD to focus on big business.
The shoe is better: the average price has significantly improved export
From January to May this year, the Pearl River Delta export 940 million pairs of different shoes, below 25.7%, but the yuan continues to appreciate rapidly rising labor costs, rising material prices materials and other factors, enterprises in the PRD to improve product quality and value of the shoes had a positive response, to avoid fierce competition, dumping, etc, for the Pearl River Delta this year the price Average footwear exports have shown more growth. shoes exports in January and the rate of tax rates can RDP 1.4501 (vs. 1) January to May PRD shoes export prices have soared 45% last year, including the price of leather footwear exports rose 31.7%, with outer soles and part upper rubber or plastic are the prices of footwear increased by 69.3% to the export of rubber or plastic surface of textile materials fund, shoes export prices expected to increase by 48.6%. As the increase in export prices, so that the number of footwear exports from January to PRD May decreased by 25.7%, but the value of exports of 3.46 billion dollars, remains to achieve a growth of 8%.
China shoes: still Europe and the United States and Japan welcomes the developed regions
With the energy shortage in the Pearl River delta, the assessment RMB and the mortgage crisis high risk to the impact of trade with the United States, and the progressive increase in domestic inflation pressures, the PRD footwear companies suffer from internal and external environment caused by changes in pain, exports are facing serious challenges.
From January to May this year, the Pearl River Delta in the U.S., the EU and shoes for export to Japan 1.9 billion, 500 million and $ 1.8 billion, an increase of 7.9%, 18% and 11.2% of total exports over 3 to the same period the value of the Pearl River Delta Export of footwear by 74.6%. Hong Kong exports to the U.S. $ 310,000,000, below 13.8%.
October 4, 2006, the European Union is 15 months of anti-dumping investigation, decided October 6, 2006 started on shoes skin from China have imposed a definitive anti-dumping 16.5%, limiting the time by the European Anti-dumping reduce the required five years to two years. Published in 2007, EU exports to the PRD in 2007 72.99 million pairs of shoes, down 9.1% compared with 2006, 2008, from January to May, exports to the EU 25.518 million pairs of shoes, a significant decrease compared with the same period last year of 15.8%, the EU anti-dumping has been in the Pearl River Delta had some negative effects of the shoes.
October 2008, a period of two years of EU anti-dumping measures will expire soon. 09 June, 2008, the Italian footwear Association (ANCI) Major Lee (VitoArtioli) announced in Milan, the European Footwear Association of the European Union decided made leather shoes from China and Vietnam anti-dumping measures should be extended to five years, but still not a final decision on whether to continue exporting footwear from China to EU anti-dumping duties, but the PRD shoe has yet to take precautions, the hit, try to resolve the EU anti-dumping duty may monitor the impact of possible loss to a minimum. About the Author

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