Vietnamese Footwear Exports Account for 3 Percent of Vietnam Shoes Trade

This year, Vietnam's footwear exports to Brazil may Skate Shoes slow down, this is Brazil Vietnamese-made footwear to investigate, the Vietnam Leather and Footwear Association (LEFASO). In October last year, the Brazilian investigation on imports of leather shoes from China and the materials and the finished shoes imported from Vietnam and Indonesia, Brazil suspect that these imported footwear products suspected of tax evasion. Vietnam Ministry of Trade and Industry, Bureau of Competition, said in Brazil since 2009, anti-dumping duties on footwear imported from China. Brazil are investigating whether the product is suspected of tax evasion through a third country exports to Brazil. In September last year, Brazil yarn imported from Vietnam and Turkey launched anti-dumping investigations.
Meanwhile, the South Atlantic news agency said Brazilian President Rosoff restrict the import part of the effort, especially imports from China, to accelerate the local production in Brazil. Brazil's trade office in Argentina, Brazil from the second quarter of this year to begin a rigorous monitoring of imports from China and other Asian countries to prevent the cheap products of these countries to enter Brazil. These goods from Asia, mainly from China, from the second quarter of this year will reach the standards set by the Brazilian side, or allowed to be imported to Brazil. These measures are applied to over 24 million industrial products, such as textiles and clothing, metal materials, automotive accessories and toys for children of non-tariff barriers. A senior Brazilian official said that the cheap products from China inflow to Brazil.
Brazil and China last year, bilateral trade volume reached $ 77 billion, Brazil's trade deficit reached $ 11.5 billion, the official explained. Vietnam's trade with Brazil in January of this year, the deficit reached $ 13 million. Vietnam to Brazil's supply of daily necessities, such as seafood, rubber products, bags and suitcases, footwear accounted for half of Vietnam's exports to Brazil. In January, Vietnam's footwear exports in Brazil accounted for more than 3 percent of Vietnam's leather and footwear exports, while textiles and garments accounted for 0.25 percent of Vietnam's total textile and apparel exports to the Brazilian exports. Therefore, Brazil's strict import regulation will affect the local textile and clothing sector.
It's written by GoodLandShoes date 4.4.2012