After the submission of relevant documentation in April 2024 by the Footwear Chambers of Guanajuato and Jalisco regarding Chinese footwear dumping to the Ministry of Economy, the sector awaits the central government's final resolution.
A preliminary positive report on the anti-dumping investigation into Asian footwear, which is impacting local products, is expected by September. Compensatory measures are anticipated.
Mauricio Battaglia Velázquez, president of the National Chamber of the Footwear Industry (CANAICAL), expressed approval of the federal government's involvement, noting the sector's significant concern over the influx of Chinese footwear priced below the cost of raw materials.
Battaglia detailed that imported textile footwear from China, priced below raw material costs, represented 55.4% of total imports in 2023 within the first quarter of 2024. He emphasized that this unfair competition resulted in an 18% drop in production, the loss of 11,000 jobs, and the closure of over 30 companies.
In conclusion, the president of CANAICAL stated, “We do not want protectionism; we want equal conditions to compete.”
RELATED ARTICLE:
- Seeking trade balance with China