Wenzhou Exports Argentina Shoes Profit Margins Are Slender &Nbsp; &Nbsp; Wants To Open Up Emerging Markets.

Following the European Union and Brazil, Argentina recently adopted anti-dumping measures against footwear originating in China, so that Wenzhou footwear enterprises with relatively low export prices basically lost the Argentina market.

The shoes exported to Argentina market in Wenzhou are mainly low-grade and low price rubber shoes, with an average unit price of about $3.4.

According to Argentina's anti-dumping measures, the lowest reference price is set for all footwear products imported from China, and the lowest FOB price per pair of shoes is 13.8 US dollars.

If the quotation to the Argentina customs is lower than this standard, the tariff will be levied according to the reference price.

A shoe company in Wenzhou said that this means that Wenzhou exports Argentina shoes have no cost advantage, almost unprofitable.

According to statistics, Wenzhou's footwear exports amounted to nearly US $3 billion last year, of which the amount of export to Argentina was US $about 1000000.

Xie Rongfang, Secretary General of Wenzhou shoe leather industry association, said that Argentina's anti-dumping had little impact on Wenzhou's footwear exports.

The final anti-dumping measure is valid for 5 years, and orthopaedic shoes, skates and ski shoes originating in China are not within the scope of the measures.

In the face of the rising trend of foreign trade protectionism, Wenzhou shoemaking enterprises should actively explore new markets, and strive to improve the technological content and added value of products, get rid of the low price competition mode of industry, and better integrate with the international market.