Affected By The Global Epidemic, Taiwan'S Textile Industry Dropped 40%

Huang Yanxiang, general manager of Taiwan's Jinghua industry, said in an interview that the Sino US trade war had little impact on Taiwan's textile industry. Originally, it was expected that Southeast Asian orders would increase, but the actual market pie did not expand. On the contrary, the impact of the epidemic was obvious. The postponement or cancellation of orders in Europe and the United States indirectly affected Taiwan's textile industry, and its own performance dropped by 40% Most of the other textile industry is not ideal, and it is estimated that it will be until the end of next year to return to normal.

It is reported that up to 95% of Taiwan's Jinghua industries are exported. However, affected by the epidemic, the performance of high-end consumer products has declined sharply, falling by 40%. This also generally reflects that in Taiwan's textile industry, customers' orders are suspended or cancelled, and there are no "foreign" orders, which makes Taiwan's textile industry miserable. He said that the epidemic affected business travel. "Foreign" customers can't come to Taiwan, and Taiwan can't go to "overseas" marketing. Textile products are still tactile. It's still limited to rely on video to open sales. Therefore, the production of protective clothing is put into line with the epidemic situation.

Is it affected by Sino US trade? Huang Yanxiang said that the 40% decline in business performance has no direct and inevitable relationship with the Sino US trade war. It is mainly the demand of the global ready-made clothing market. The "pie" is fixed, and it is getting smaller and smaller. The total demand is small, and the textile industry is naturally affected.