Saudi Arabia Imports Clothing Prices Rose Sharply
It is understood that clothing prices have risen by about 20%, and Saudi Arabia is also right. Imported garments The inspection time is up to one month, which adds warehousing and inspection fees to importers. This is clothing retailing. Rise in price The main reason.
Saudi importers have been communicating with overseas exporters about clothing prices, but they have not had any results. If prices go up again, many poorer consumers will be unable to bear.
Saudi clothing sales prices generally rose, especially imports from China, because the appreciation of the renminbi, and Saudi rial linked to the U.S. dollar, will inevitably lead to price increases. It is reported that Saudi apparel 90% from China.
Exchange rate is not the only reason. China is developing many large projects, and wages are rising, which has a great impact on garment manufacturers. The increase of these costs has finally been passed on to importers, and some importers have begun to turn to imported clothing from Vietnam and other countries.
It is understood that Saudi Arabia issued a new policy 15 days ago, requiring all imports of clothing, fabrics and textiles must be tested by the Saudi Ministry of commerce laboratory.
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