Imports
EU and Mercosur reach agreement on trade
The European Union and Mercosur announced the new political agreement for a new trade framework as an important tool for the consolidation of the strategic partnership of both parties and as having the ability to boost sustainable growth
US-China Trade war: new tariffs on hold
President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka
US China meeting to take place this weekend
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda
Crocs to reduce sourcing from China
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China
200 shoe companies send Mr Trump a letter
US-based footwear companies have signed a letter urging President Donald Trump to remove footwear from his latest tranche of tariffs to be applied to Chinese-made products
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
Japanese footwear imports consolidate growth
In 2018 imports of footwear by the Asian country grew by 2.8% in quantity and 3.9% in value. Japan is the 4th largest importer of footwear and the 6th largest consumer market for footwear
American footwear industry applauds trade war ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs
Nigeria: local association urges government to act on imports
The Leather Products Manufacturers Association of Abia State (LEPMAAS) has urged the Nigerian Government to urgently tackle threats posed by imported shoes, bags and belts to local manufacturers
Industry reacts to President Trump’s tariff comments
The FDRA - Footwear Distributors and Retailers of America has issued a statement in the name of the US-footwear industry in response to President Trump’s latest tariff comments
Belgium continues to strength its position
Belgium stands out in the international arena as a country with a 2.1 billion USD trade balance and barely no production (less than 1 million pairs in 2016). In the first semester of 2017 exports increased by 3.9% (value)
Japanese imports slow down
The Japanese market is one of the most important ones for footwear companies. Imports of footwear by this Asian country registered a decline of 5.1% in the first semester of 2017
Largest footwear importer slows down
The world’s largest importer, the US, reduced its imports in 2016. The trend continues with a slight decrease in value terms (-1.7%) occurred in the first semester of the current year
The recovery of Russian imports
In the first semester of 2017, footwear imports by Russia increased by 41.9% in volume and by 32.6% in value. After the growth registered in 2016, the country seems to be on the recovery path-
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