Jordan Adjusts Tariff On Clothing Imports

　　 Jordan The Customs Department has recently adjusted the taxation rules for imported clothing products. The original method of taxation is 20% of imports. The new tariff will be calculated according to the amount of $1.4 / kg, and the ad valorem tax will be calculated according to the tax rate of 5%, and the two item will be collected from the high tax.

Jordanian clothing industry believes that the new tariff will lead to increased tariffs on clothing products, and the average cost per container will increase by 5500~7000 US dollars. This cost will eventually be passed on to consumers, resulting in the rise of domestic clothing prices in Jordan.

The head of the customs and Excise Department of Jordan said that the purpose of the tariff adjustment is to encourage the import of high quality clothing products. At the same time, Second hand clothing and Textile products The new tax rules will not apply.

Supplement:

In the first half of this year, in the context of the global economic recovery, the export of textile and garment industry has produced a good report card. However, the export of textile and garment industry is facing many unfavorable factors in the second half of the year. These unfavorable factors are likely to cause the rapid growth of exports to be difficult to sustain.

Data show that textile and garment exports in June totaled $18 billion 665 million, up 33.83% over the same period last year. According to the classification, textile exports increased by 44.43% compared to the same period last year, and clothing exports increased by 28.07% over the same period last year. In the first half of this year, China's textile and apparel exports totaled 88 billion 878 million US dollars, up 22.04% over the same period last year. Among them, the total exports of textiles amounted to 35 billion 652 million US dollars, and clothing exports totaled 53 billion 226 million US dollars, up 32.31% and 16.02% respectively. The export volume increased considerably and exceeded the same level in 2008.

Kong Jun, an analyst with CIC securities, believes that the driving force of textile and clothing export growth in the first half of this year comes from two factors: first, the global economy is recovering, and demand is picking up gradually; two, the price of export products is rising.