August This Year, Bali Island Shoes Exports Declined By 2.09%

Bali Island is an absolute holiday destination in the eyes of the Chinese people, but the shoes produced in Bali Island are also exported to the whole world. However, according to the Jakarta Post recently reported that the impact of the global economic downturn on European buyers has led to a decline in the export of shoes in Bali Island.

It is reported that before August of this year Bali The total export value of footwear products was 1 million 550 thousand US dollars, down 2.09% compared to the same period last year. Although the amount is small, the footwear industry in Bali Island is still very important for the manufacturing of the island, which is the main part of the local small and medium-sized enterprises. Commercial form 。

"The current situation is quite different from previous years. Shoes products The export market is very healthy. Nowadays, the market is weak, and the export of shoes products is declining, but the survival of shoe making enterprises is not big. A local exporter told the media. However, he said he was still worried that the recovery in Europe and the United States would not be effective, and that the export of shoes would continue to decline.

Related links:

The Colon Free Zone (CFZ) in Panama continued to suffer from the impact of Columbia's high tariffs on textiles and footwear and the arrears of Venezuelan traders. The operation in the region continued to deteriorate. The volume of trade in the 3 quarter of this year (2014) was 18 billion 100 million US dollars, which was about 2 billion 900 million US dollars lower than the 21 billion 100 million US dollars in the same period (2013), and the recession was 13.8%.

Among them, imports amounted to US $8 billion 400 million, a decrease of US $1 billion 500 million compared with the same period last year, a decline of 15.4%, and an export volume of US $9 billion 700 million, a decrease of 1 billion 300 million US dollars compared with the same period last year and a 12.4% decline.

Columbia imposed high tariffs on textiles and footwear exported from Panama to Columbia, resulting in a decrease of 20-30% in the volume of CFZ exports to Columbia. On the other hand, Venezuela's foreign exchange control measures made it impossible for the Commission to pay up to US $1 billion 700 million in trade volume owed to CFZ, and the amount of CFZ Export Commission declined sharply.

Severo Sousa, former chairman of the CFZ user association, said that despite the current peak sales season before Christmas, most manufacturers in the region are still not optimistic about whether the future business situation can be improved. It is estimated that the volume of domestic trade in the whole year will probably decline by 12% over the past year.