Analysis Of The Development Of Sewing Equipment Market In The Middle East

There are many business opportunities in the Middle East. In recent years, China's trade with the Middle East has developed rapidly.

According to statistics from the Ministry of Commerce, bilateral trade increased from 10 billion 800 million US dollars in 2000 to nearly 39 billion 700 million US dollars in 2005, with an average annual growth of about 30%.

In 2000, the volume of textile trade between the mainland and the Middle East was only 1 billion 320 million US dollars, and in 2005 it increased to 6 billion 760 million US dollars, with an average annual growth of 19.5%.

To improve the level of trade cooperation with the Middle East, China has proposed to strive to achieve more than US $120 billion in trade between China and the Middle East by 2010.

Insiders pointed out that in recent years, the garment industry in the Middle East has developed rapidly.

Because the clothing industry has the characteristics of many labor force, less environmental pollution and low entry threshold, it has been gradually encouraged by the Middle East countries to encourage development.

In addition, the export of garment industry in the underdeveloped countries and regions in the Middle East has also gained international policy tilt.

Under the framework of the Mediterranean free trade circle, the EU has implemented a tariff free policy on textile exports in Egypt, Morocco and Tunisia, and there is no quantitative restriction.

It is understood that the manufacturing base in the Middle East is very weak, and the sewn equipment mainly depends on imports.

Experts pointed out: "the Middle East has more than 20 countries, with an annual trade volume of US $250 billion.

The business opportunities of these countries provide space for China's economic complementarity with those in the Middle East, that is, complementarity in resources, industry, trade and market.

Chinese enterprises should see the development potential of the garment industry in the Middle East and the advantages of their own manufacturing industries, and gradually accelerate the pace of entering the market in this region.