From Perfil · · 1m 10s
Milei's Economic Path: Argentina's Shoe Industry Crisis
Argentina's shoe industry faces collapse as production drops from 120m to 50m pairs yearly under Milei's policies.
In brief
Argentina's shoe industry faces collapse as production drops from 120m to 50m pairs yearly under Milei's policies. Argentina's shoe production fell from 120 million to 50 million pairs annually as Milei's economic policies prioritize imports over domestic industry. Originally reported by Perfil.
Shoe Industry Crisis in Córdoba
Córdoba's shoe industry faces collapse with production dropping from 120 million to 50 million pairs annually.
Mendizábal's Warning
Industrial SME owner Nicolás Mendizábal warns of severe industry decline due to falling consumption and import competition.
Production Decline
Argentina's shoe production fell from 120 million to 50 million pairs annually in 2023.
Financial Strain on Suppliers
Suppliers face account embargoes and rejected checks, crippling small businesses.
Impact on Employment
Shoe companies employ 10-12 workers now versus 50-250 previously, threatening jobs.
Milei's Economic Policy
Milei's government prioritizes imports over domestic industry, risking long-term economic stability.
Industry Survival Strategies
Some companies survive with owned facilities and shorter production cycles to maintain operations.
Future Outlook
Without policy changes, most companies will collapse by 2027 due to sustained economic pressures.
At a glance
Argentina's shoe production fell from 120 million to 50 million pairs annually as Milei's economic policies prioritize imports over domestic industry.
