The World'S Factories, Bangladesh, Burma, Kampuchea And Vietnam Suspend Production Of The Textile Industry, Facing A Crisis Of Demand.

The global textile and garment industry has been hit hard by the epidemic. Tens of thousands of garment orders in Bangladesh, Burma, Kampuchea and Vietnam have been cancelled. The downstream pause button has a direct impact on China's textile raw materials and textile materials market, and the textile industry is facing unprecedented demand crisis.

Bengal 184 Billions of orders cancelled Bangladesh apparel industry suffered heavy losses

Recently, the new coronavirus pneumonia is rampaging around the world, which has a serious impact on all sectors of the world. With the development of the epidemic, the garment industry is also facing a serious crisis. Bangladesh clothing manufacturers and Exporters Association said today: Twenty-six Billion dollars One hundred and eighty-four Clothing orders were forced to cancel. One hundred and ninety-six Ten thousand practitioners.

Bangladesh garment manufacturers and Exporters Association said today: because of the outbreak, a number of countries implemented blockade measures, and a large number of shops were forced to close, resulting in a large number of businesses unable to operate normally, and then brought serious crises to Bangladesh's clothing manufacturing industry.

Bangladesh commerce minister said: according to the latest statistics, up to now Twenty-six Millions of dollars in clothing orders were cancelled. Nine hundred and sixty-six Home garment factory, about Eight point two eight Hundred million pieces of clothing, affecting employees up to One hundred and ninety-six Ten thousand people, and with the further development of the epidemic, this situation will continue to deteriorate.

Bangladesh is the world's second largest exporter of clothing, after China. Four thousand and six hundred A number of garment manufacturing plants, with staff as high as Four hundred and ten Ten thousand people, mainly receiving orders from Europe, the Americas and Australia, show Bangladesh. Two thousand and eighteen reach Two thousand and nineteen The total export volume of the year is Four hundred and five Billion dollars, of which clothing accounted for 84.21% Over which 60% The garments are exported to EU countries.

The Ministry of Commerce of Bangladesh said: "we do not want any businesses to cancel any orders. They can choose to postpone the purchase and pay part of the deposit ahead of time. This can help clothing manufacturers to survive better and keep buyers' good credit.

Myanmar The European Union suspended imports of garments made in Burma.

Secretary of the Burma Garment Association, DUKAI Kai, said he was suffering from new crown pneumonia. COVID -19 With the impact of the outbreak, some EU brands decided to cancel the plan to buy garments from Burma due to reduced sales.

Duke Kai said, with the problem of shortage of raw materials being solved, brand operators have stopped purchasing clothing garments, which is another challenge for garment factories. Due to the suspension of garment imports, garment industry, including garment factories and workers, may face difficulties.

Wu Minsuo, chairman of the Burma Garment Association, said that Burma received the GSP from the EU. GSP Treatment, Burma Sixty-five % to Seventy % of clothing exports are based on the EU market.

It is understood that the European Union Two thousand and thirteen From 2008 onwards to Burma GSP/EBA Treatment. Two thousand and eighteen EU allowed imports from Burma in 2004 Twenty-three Billion euro cargo. EU says trade preferences reduce Burma's value Two point five Billion euros in tariffs.

It is reported that Burma mainly exports garments, shoes and rice to the European Union. Garments manufactured in Burma 80% Exports to the European Union. Moreover, Burma exports most of its clothing to the EU, and second of it is rice.

Kampuchea: nothing to do! 91 garment factories intend to apply for stoppage, and more than 60 thousand workers have no job to do.

Kampuchea Footwear Association Four According to a circular issued on the day, due to the impact of the new crown pneumonia epidemic, the European and American market buyers have cancelled orders in large quantities, causing the footwear industry in Kampuchea to face enormous challenges.

According to the circular, according to the chamber of Commerce Three month Thirty A survey of members of the chamber of Commerce Four Monthly employment contract One hundred and twenty-seven thousand About workers 57% Of Seventy-two thousand Workers can go to work normally. 25% Workers are facing a shutdown. 12% Workers are facing a full shutdown. in addition 6% The factory can not confirm whether the order status can arrange production smoothly.

Five The situation is more precipitous in June. 11% Workers can work normally, most of them 60% The factory is unable to confirm the order status. Six Orders from January to the next month are even more uncertain, which will seriously impact the overall employment and industrial economy.

Four month Two On the same day, the Ministry of labour pointed out to reporters that due to the decrease in export market demand, there has been a total of Ninety-one The factory has applied for a stoppage. Six ten thousand One thousand and five hundred Famous workers were affected.

Kampuchea Garment Manufacturers Association ( GMAC Jean Monica, deputy Secretariat, said the foreign market is facing difficulties due to the impact of the new crown pneumonia epidemic. At the same time, about Kampuchea 70% Exports of clothing products to the European Union and the US market are also affected.

He said most factories in Kampuchea have applied for a shutdown because buyers from the European Union, the United States and Canada are also affected by the new crown pneumonia epidemic.

"The buyer told us to suspend the supply of the products, and keep the good products in the factory. In Burma, Bangladesh, Vietnam, Indonesia and Laos garment factories are also facing the same problem.

He said that if we assess the market share of exports, the EU will account for the total export volume. 46% About the United States 28% Canadian treaty 8% 。 The total has exceeded. 70% 。 So we have a very high rate of impact. Four Factory applications will also be suspended in June.

Vietnam? Vietnam garment industry or loss Eleven Trillion Vietnamese shield

Vietnam National Textile and Apparel Group (Vinex) It is revealed that if the export orders continue to be stopped, delayed and cancelled, the clothing and textile industry of the country may lose as much as possible. Eleven Trillion Vietnamese shield, which will further lead to Four Yue He Five Monthly unemployment.

According to a Vietnam news portal, the bigger the clothing brand is, the bigger the drop is, and there is no sign of recovery now. If the policy is not adjusted, many enterprises may be in Four Losing liquidity at the end of the month. Four Yue He Five The monthly unemployment rate will be 30% to 50% Between.

If Four Month has 30% The workers are unemployed. Five Month has 50% If the workers lose their jobs, the estimated loss of the industry will reach. Five Trillion Vietnamese shield above. If this situation lasts longer, the industry will lose every month. Three Trillion Vietnamese shield.

Vietnam garment industry imports value every month Fifteen Billion dollars of raw materials. If 20% The order is cancelled, and the value is cancelled. Three Billions of dollars of raw materials will not be used, which may make inventory difficult to circulate.

It is estimated that this year Four Yue He Five The total inventory of Vietnam garment industry will lose in June. 50% The value is equivalent to about Three Billion dollars, only Vinex It will lose about. Two thousand and four hundred Ten thousand dollars. VINATEX Estimated if the new crown pneumonia is in Five End of the month, economy from Six The garment and textile industry will suffer in the coming months. Eleven The loss of the trillion Vietnamese shield will be lost by the group. One Trillion Vietnamese shield.