Many textile export countries encounter order crisis! Recently, the return of garment orders to China has become the focus of attention at home and abroad. Since September, many large-scale export-oriented textile enterprises in India have been unable to guarantee normal delivery due to the epidemic situation, while European and American retailers have transferred a number of orders originally produced in India to China in order to ensure that supplies in the Thanksgiving and Christmas seasons will not be affected.
Not only India, but also Vietnam, Myanmar, Sri Lanka, Bangladesh and other countries have entered the "winter" almost at the same time
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Myanmar: insufficient supply of raw materials
Myanmar's Global Star News reported that according to the statistics of Myanmar's Ministry of Commerce, the export of ready-made clothing industry in fiscal year 2019 / 20 reached 4.28 billion US dollars, a decline of 6.95% compared with the same period of last year of 4.6 billion US dollars.
Myanmar's garment industry exports to EU countries enjoy preferential tariffs, so it is the main traditional export project, accounting for about 30% of the total export amount. This year, due to the impact of the new crown epidemic, the import of garment raw materials was blocked, the international market demand slowed down and orders were taken. As a result, some garment factories were closed and thousands of employees were unemployed.
In order to avoid the shortage of raw materials due to the impact of the epidemic on international traffic, experts suggest that the government and non-governmental organizations should cooperate to establish a complete supply chain of spinning, weaving, dyeing and finishing, sewing and manufacturing in garment industry.
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Jordan: partial conversion
Petra news agency reported recently that Jordan's garment and leather exports in the first nine months of this year amounted to 899 million (about 1.27 billion US dollars), down 15% year on year. In the fourth quarter of this year, industrial exports are expected to worsen, with a decrease of 25%, which is expected to gradually return to normal in early 2021. At present, some clothing and leather enterprises in Jordan have turned to the production of masks, protective clothing and protective shoes to meet local needs and create jobs. The export scale of the industry reaches 550 million US dollars and has the potential to create 33000 jobs.
"Jordan Times" reported that weekend sales accounted for 50% of Jordan's total clothing sales, winter sales preparations began in September, but now 90% of goods are stacked in warehouses. Clothing retail industry is stagnant, and businesses are suffering from serious losses. We should take immediate action to change this uncertain situation.
In order to increase cash flow and make up for employees' wages, water and electricity expenses and costs, it is expected that businesses will provide discount prices in this sales season, resulting in fierce market competition. At present, Jordan's clothing retail industry has about 11000 stores, accounting for 60% of the main commercial centers. The main clothing importing countries are China (accounting for more than 50%), Turkey, India, Bangladesh, Egypt and European countries.
