For five years, Colombia will apply a 35% tariff to certain footwear imports declared at FOB values equal to or below the limits established for specific tariff headings under Chapter 64.Decree 0594 of June 11, 2026, establishes a threshold of between US$ 7 and US$ 11 per pair and also applies to footwear ...

Beyond the human and material consequences, the sector’s industry ...

Decree 0572 of 2025 has raised concerns within the Colombian Association of Footwear, Leather and its Manufactured Goods Industrialists (ACICAM) due to the increase in self-withholding tax rates, including for activities linked to the fashion system.According to the association, the regulation impacts ...

Colombia is facing economic difficulties and this is also reflected ...

Germán González, president of the Colombian Association of Footwear, ...

The footwear industry finds itself immersed in a context of rising inflation and lower demand from both consumers and traders. To this situation is added the aggravating factor of the growth of informality in the sector and smuggling.This latter unfair practice has cost formal manufacturers around 35 ...

The Association of Footwear and Related Industrialists (ASOINDUCALS) ...

According to information provided by the Colombian Association of Footwear, Leather, and its Manufactured Goods Industrialists (ACICAM), national footwear production experienced an 8.3% decline from January to November 2023, while employment retracted by 3.3%, and sales decreased by 11.1%, compared ...

The union that brings together footwear and leather entrepreneurs ...

The footwear sector aims to create new jobs and stimulate the ...