Friday, October 24, 2008

Illegal shoes import reaches US$ 150 million

The Investor Daily-October 23, 2008 Djimanto, a member of advisory council of Indonesian Shoes Association (Aprisindo), stated that Indonesian illegal shoes import reached US$150 million, or about 10 million pairs. The illegal shoes import comes mostly from China which is cheaper 30% than local products. He estimated that Indonesian footwear imports, including the illegal one, had reached US$900 million. This value is equal to 50% of total Indonesian footwear export which is US$1.8 billion.

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