Bangladesh Financial Year Data Show That The Increase In Leather Shoes Exports

< p > by the end of June, the export of leather industry increased by 30% in the financial year of < a href= "http:// www.sjfzxm.com/news/index_c.asp" > Bangladesh < /a > 2013-2014.

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< p > annual export data show that the total export volume of < a href= "http:// www.sjfzxm.com/news/index_c.asp" > leather shoes < /a > finished leather and leather products is 1 billion 300 million US dollars, an increase of 32.6% compared with 980 million US dollars in the previous fiscal year.

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< p > the export volume of leather shoes was 550 million US dollars, an increase of 30%; the export volume of "a href=" http:// "www.sjfzxm.com/news/index_c.asp" > Finished Leather > /a > amounted to US $505 million 500 thousand, an increase of 25%; the total export volume of leather products was relatively low, which was 240 million US dollars, but the increase was also close to 50%.

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< p > related links: < /p >

< p > China's manufacturing industry, known as "world factory", has been affected by multiple factors such as rising wage costs and RMB appreciation in recent years, resulting in the rising cost of enterprises and the trend of non-state manufacturing outflow.

China Nonferrous Metals network.

Southeast Asia is favored by investors with cheap labor costs.

China Nonferrous Metals network.

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< p > according to media reports, since 2008, Southeast Asia has diverted 30% orders from China, which has had an impact on 19 million footwear industry practitioners in China.

China Nonferrous Metals network.

CEIC global economic database shows that clothing and textiles account for 9% of Vietnam's manufacturing industry. Currently, Vietnam actively participates in the TPP negotiations led by the United States, and is affected by this policy. Foreign investment is actively flowing into Vietnam's garment industry.

China Nonferrous Metals network.

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< p > data also show that in the first quarter of this year, the US imports of tablet and notebook computers from China decreased by 14% compared with the same period last year, while the import volume from Vietnam increased by more than one million.

China Nonferrous Metals network.

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< p > mobile phone giant Samsung set up a new factory in Vietnam last year. It is expected that Vietnam will produce more than 40% Samsung mobile phones by 2015. This figure is expected to reach 80% in the future.

China Nonferrous Metals network.

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< p > besides, low wage price is also one of the factors to enhance competitiveness in Southeast Asia.

China Nonferrous Metals network.

At present, the wages of workers in the eastern coastal areas of China are about 500 dollars, Indonesia is about 300 dollars, and Vietnam is about 250 dollars.

China Nonferrous Metals network.

The lowest monthly wage of the workers in the clothing industry in Kampuchea is only 80 dollars, while another major producer of clothing, Bangladesh, raised the minimum monthly wage to $67 at the end of 2013.

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