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China : Exporters shift focus to synthetic-leather shoes

China : Exporters shift focus to synthetic-leather shoes

Write: Wyburn [2011-05-20]
Affected by EU anti-dumping tax, the export structure of Chinese leather footwear is steadily changing. Local enterprises are increasing the export of synthetic-leather shoes to cope with this duty.
In 2006 EU imposed 16.5 percent anti-dumping tax on Chinese leather shoes for a duration of two years. Since then, five domestic companies have appealed to EU court, but so far no result has been announced.
However, EU still remains the biggest export market for Chinese shoes enterprises. Besides, EU anti-dumping tax includes only real leather shoes and not synthetic-leather shoes.
Hence, in the first half of this year, the export of Chinese real-leather shoes went down 1.7 percent.
On the other hand, synthetic-leather shoes together with rubber and plastic shoes export increased 15 percent in volume and 20 percent in value.
Considering this scenario, most Chinese shoe manufacturers plan to boost the production capacity in the second half of this year.