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Turkey Wants To Impose 20% Provisional Tariffs On Chinese Textiles.

2011/8/16 17:45:00 38

Recently, from the Fujian Provincial Textile and garment export base, the chamber of Commerce learned that since July 21st, Turkey has imposed 28% temporary tariffs on some Chinese textiles, which has brought great burden to the Chinese garment industry, which is not high in gross margins.

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The chamber of Commerce has organized a number of enterprises to respond, and textile enterprises in Quanzhou are involved.

It is understood that in January 13th this year, the Turkey government announced that it would increase import tariffs on textile products, including 13 tax labels, including cotton, wool and chemical fiber woven fabrics, and imports to developing countries.

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On the basis of the original increase of 28%, an increase of 1-4 dollars per kilogram.

To this end, at the end of February, the China Textile Import and Export Chamber of Commerce convened an emergency meeting to organize 36 enterprises with relatively large sums of money to engage lawyers in defense. Quanzhou Sanhe is one of them.

At the beginning of March, the government of Turkey held a hearing. Quanzhou's federal Sanhe foreign trade department manager, bu Jun, told reporters that because the visa office did not come down, they commissioned the local merchants to speak at the meeting, but the Turkish side still did not change its original intention.

In April, the step army received the mail from the lawyer. From July 21st, the Turkey government will impose 28% temporary protective tariffs on some Chinese textiles, which will be tested for three months.

At present, China's Ministry of Commerce has stepped in and is consulting further with the government of Turkey.

Bu said that enterprises will continue to cooperate with the government.

The PLA is not optimistic about the future export to Turkey.

"The tariff we export to Turkey is only 8%, and now it has risen to 28%, a 20% increase, and our gross profit margin is more than 10%. Even if the price of raw materials is lowered, the profit will be lowered again, and it will not go up with the tax increase."

Bu Jun said that if Turkey tariff increases were finally finalized, the cost of Chinese textile enterprises exporting to Turkey would have to rise substantially, and the original price advantage would be significantly weakened.

"There is zero tariff between Turkey and the EU. Besides, Turkey has lower tariffs on underdeveloped countries and regions. With the rise of textile industry in emerging countries, Turkey merchants are likely to turn to these.

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Step army said.

According to the data of China Textile Import and Export Chamber of Commerce, China is the largest supplier of fabric in Turkey, and the amount of products exported to China from Turkey related to these 13 tax numbers in 2010 was 490 million US dollars from 1 to November, accounting for 2.7% of China's exports to similar products of the world.