Wenzhou Shoes Show Strong Vitality, Exports Still Grow In The First Half Year

Wenzhou shoes went upstream against EU anti-dumping and subprime mortgage crisis.

In the first half of this year, Wenzhou shoe exports are still growing.

This is the good news of Xie Rongfang, Secretary General of Wenzhou shoe leather industry association, told reporters in August 14th.

In the 1-6 months of this year, the total export value of footwear products in Wenzhou was 1 billion 236 million US dollars, up 14.14% from the same period last year. The number of exported shoes was 267 million 576 thousand pairs, and the unit price was 4.495 US dollars per pair, an increase of 15.38% over the same period last year.

Although two years from October 7, 2006 to October 7, 2008, the EU imposed a 16.5% anti-dumping duty on leather shoes exported from China, the EU's anti-dumping "big stick" could not stop Wenzhou's footsteps.

In the 1-6 month of this year, the Wenzhou shoes exported to the EU amounted to US $416 million, an increase of 3.57% over the previous year, the number was 89 million 130 thousand pairs, down 8.9% from the same period last year, the average price was 4.61 US dollars per pair, up 13.5% over the same period last year.

Among them, the export amount of leather shoes was 94 million 40 thousand US dollars, up 0.39% from the same period last year, the number was 9 million 300 thousand pairs, down 14.76% compared with the same period last year. The unit price was 10.11 US dollars per pair, up 17.70% over the same period last year.

The subprime mortgage crisis in the United States has little impact on the export of Wenzhou shoes to the US market.

In the 1-4 month of this year, Wenzhou shoes exported 12 million 926 thousand and 400 pairs to the US, amounting to $58 million 642 thousand and 500, up 28.05% and 25.91% respectively compared with the same period last year.

Xie Rongfang believes that although the US subprime mortgage crisis is affecting the export of Chinese products to the United States, Wenzhou shoes can still swim upstream and grow rapidly, showing the strong vitality and competitiveness of Wenzhou footwear industry.

It is understood that there are currently 2692 shoe making enterprises in the city, 789 of which are above Designated Size, 1-6 yuan in industrial output value of 20 billion 560 million yuan in the month of 1-6, an increase of 5.7% over the same period last year, and sales revenue of 12 billion 360 million yuan, an increase of 6.15% over the same period last year.

According to Xie Rongfang analysis, the total output value and export of the footwear industry above Designated Size in Wenzhou this year have declined to varying degrees compared with the same period last year. The total industrial output value has dropped by nearly 10 percentage points over the same period last year, and the export enterprises have fallen by more than 7%, and the EU has only maintained a 3.57% growth rate.

However, the value-added products of export enterprises are showing a rising trend. Both the leather shoes and the plastic shoes have reached over 17% increase. This shows that the enterprises have actively responded to the EU anti-dumping and made great efforts to improve product quality and added value.