INDONESIA: To cash in on shoe anti-dumping duties?
Indonesian footwear makers are poised to overtake China and Vietnam as Europe's main source of shoes, national footwear association Aprisindo was reported by Asia Pulse as saying.
The EU's introduction of anti-dumping duties on Chinese and Vietnamese shoes has opened up a window of opportunity for Indonesian suppliers, Aprisindo believes.
In line with this, the association has been in meetings with the European Confederation of Footwear Industry and Federation of the European Sporting Goods Industry in the aim of boosting Indonesia exports to European markets.
Aprisindo data shows, Asia Pulse said, that Indonesia's exports of leather shoes totalled US$275 to Europe last year, constituting 15.8% of its total exports of $1.5bn.
Exports are predicted to grow to $1.7bn in 2006, the report said.
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