Asian footwear could be blocked in Brazil - footwearbiz: Leading site

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Asian footwear could be blocked in Brazil

20/09/2007
 
The Brazilian Association of Footwear Manufacturers, Abicalçados, hopes to establish a Latin American block against Asian footwear imports. The group has invited its counterparts in Argentina, Mexico, Uruguay and Paraguay to join with it in combating the influx of cheap imports.

The number of Asian footwear imports – mainly from China, Vietnam and Indonesia – rose sharply in the first seven months of 2007 to 13.1 million pairs worth $110 million. This beats full year 2006 figures by 65%.

Meanwhile, Brazilian footwear exports fell 4% in the first seven months of the year to 103.9 million pairs from 108 million pairs in the 2006 period. However, its shoe exports rose in value from $1 billion in the seven-month period last year to $1.12 billion from January to July 2007. Average price for exported footwear has increased 6% and has counterbalanced the decline of the US dollar against the Brazilian Real (R$).


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