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Great impact on overseas textile production by pandemic

Categories:Industry News
Author:David Deng
Origin:Suze Textile & Clothing Co., Ltd.
Time of issue:2021-05-25 09:27
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(Summary description)

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Great impact on overseas textile production by pandemic

(Summary description)

Categories:Industry News
Author:David Deng
Origin:Suze Textile & Clothing Co., Ltd.
Time of issue:2021-05-25 09:27
Views:

Information

According to the Ministry of Finance and Economics, the export volume of Cambodia in ready - to - wear clothing, footwear and travel supplies was US $ 2. 4 billion, down by 10% in the first quarter of 2021. Late delivery of ready - to - wear products was suspended during the implementation of the city closure in Cambodia. The COVID - to - Wear Manufacturers Association (gmac) said that with the improvement of the COVID - 19 situation, the whole production chain will function properly, shut down due to respect for the government lockdown measures, and products will be available as soon as possible once the production chain is restarted. Cambodia is reported to have reported exports of $ 9. 5 billion in the sector in 2020, down from $ 10. 6 billion last year.

Due to the good performance of orders from foreign and domestic markets in Italy, the Italian textile machinery order receiving index has increased 66% by January - March 2021 compared to 2020, according to the data compiled by the Italian Textile Machinery Manufacturers Association (acimit). Orders from abroad showed a 68% growth. Domestic, the increase in orders was more diversified, up 54% compared with the first quarter of 2020, significantly because the production of spinning stopped almost completely after the epidemic began.

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Previous: 398. 2 billion! China's textile raw material exports soared in the first quarter, prompting a Western boycott of Xinjiang cotton

Next: How do Chinese textile enterprises seize the new opportunities in RCEP?