Economic crisis, another shoe market in Guangdong

Economic crisis, another shoe market in Guangdong

As the financial crisis continues to deepen, Guangdong shoes on the developed markets of Europe and America to some extent the decline in exports, but the Middle East, Africa and ASEAN, Latin America and other emerging markets to develop a good contrarian export still shows growth. According to Guangzhou Customs statistics released on the 20th show in January 2009 to February, Guangdong Province exported 490 million pairs of Air Max 2009 shoes with a slight increase over the same period last year, 0.1% and exports 1.6 billion U.S. dollars, a slight increase of nine percentage points.

Data show that Guangdong shoe exports to ASEAN, Latin America, Middle East and Africa and other emerging market development is good. January to February, exports to these markets showed varying degrees of growth in exports to ASEAN reached over seventy-two million U.S. dollars, more than double the same period last year; of growth in the Middle East and Africa, respectively, and Qi Cheng Liu Cheng four five. Guangzhou Customs said that the Guangdong shoes on the developed markets of Europe and America to some extent the decline in exports, especially exports to the EU, but also by anti-dumping investigation and review of regulatory inspection, and other factors related to the adverse effects. The first two months, Guangdong Province of the United States, European Union and Hong Kong's exports of Nike Air Max 24-7 shoes, worth seven hundred and fifty million, respectively, two hundred and fifty million and one hundred and twenty million U.S. dollars, decreased by 4.6 percent, six percent and nine percent d; on Japanese exports 090 million U.S. dollars, a slight increase of 0.3 percent.

It is understood that, due to declining international purchasing power, the current price of relatively cheap plastic Nike Air Max 90 shoes favored. The first two months, exports of Guangdong Province, three hundred and ten million pairs of plastic shoes, contrarian growth of eighteen percent, an average price of two dollars per pair, down six per cent. In addition, the size of Guangdong Shoes increasingly large-scale export enterprises. The first two months, exports of footwear in Guangdong enterprises millions of dollars over two hundred ninety-two, nine more than last year, accounting for the same period a total shoe exports into three, total exports reached 1.29 billion U.S. dollars.

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