Burma Garment Industry Welcomes Export Spring

Here world

Xiaobian of the network introduces the spring of Burma's garment industry after the Western sanctions eased.

Since 2000, western countries have begun to impose sanctions on clothing produced in Burma.

Over the past ten years, the clothing industry in Burma has been battered, with narrow orders and shrinking sales. Most orders come from Japan and Korea.

However, after Burma implemented the political reform, the western countries gradually relaxed their sanctions against Burma.

With "made in Burma"

Now it can be sold in American stores openly.

This has great significance for the recovery of Burma's garment industry.

Hugo net learned from the Burma times report in September 15th that in the ten years of Western sanctions, Burma's clothing export industry to western countries has been hit hard. Burma garment exporters must no longer have to find markets in the east to survive.

Recently, however, things have changed.

As the West eased sanctions, Burma clothing had more opportunities to enter the European and American markets.

Now the clothing industry in Burma has begun to recover, which has never been seen in the past ten years.

It is reported that in 2003, the United States imposed a ban on clothing imports to Burma. Soon after that, Japan became the largest export market for Burma clothing.

In 2001, Burma's clothing exports amounted to $800 million, and then the export crisis was brought to sanctions, and the total volume of clothing exports plummeted until this year.

Although the clothing industry in Burma has ushered in a good development opportunity, the competition in this industry is becoming more and more intense.

The total export volume of clothing in Burma is expected to reach US $1 billion 800 million this year, much larger than that in 2001.

Gap Inc, the US clothing chain, announced in June that it would import garments from the Burma plant, which means that the clothes with the "Burma made" label will be on the shelves in the United States.

Burma exporters expressed the hope that more western companies would come to the market like this American company.

Four years ago, there were about 80 thousand workers in the clothing industry in Burma, and now it has risen to 250 thousand.

In addition, Burma also welcomes foreign-funded enterprises to invest in Burma to build garment factories, promote their domestic employment and make their domestic garment industry more diversified.

According to statistics,

There are 200 garment factories, only 181 in 2012.