Home > News > After the epidemic, at least more than 10 billion in the global textile and apparel industry are gone

News

After the epidemic, at least more than 10 billion in the global textile and apparel industry are gone
2020-03-07 18:34:39
 
The analysis report "Coronavirus (COVID-19) impact on global trade" recently released by the United Nations Conference on Trade and Development shows that the new crown virus epidemic is expected to cause USD 50 billion in losses to global value chain exports, stagnation of The shortage is the main cause. The largest losses are currently in the European Union, at $ 15.6 billion, followed by the United States, which lost $ 5.8 billion, and Japan, which lost $ 5.2 billion.
 
Global value chain refers to a global cross-enterprise network organization that connects production, sales, recycling and other processes in order to realize the value of goods or services. The whole process.
 
This process will include all participants and the organization of production and sales activities, as well as their value and profit distribution.The companies currently distributed across the global value chain are engaged in design, product development, manufacturing, marketing, delivery, Various value-added activities such as consumption, after-sales service, and final recycling.
 
Of the 13 industries analyzed in the report, the textile and apparel industry will lose more than 1.5 billion US dollars (approximately RMB 10.4 billion).
 
Specifically, the EU is the most affected in this industry, with losses of US $ 538 million. Vietnam and Turkey, which are concentrated in manufacturing, are close behind, followed by Hong Kong and Taiwan, and the US textile and apparel industry lost $ 80 million.The analysis report "Coronavirus (COVID-19) impact on global trade" recently released by the United Nations Conference on Trade and Development shows that the new crown virus epidemic is expected to cause USD 50 billion in losses to global value chain exports, stagnation of The shortage is the main cause. The largest losses are currently in the European Union, at $ 15.6 billion, followed by the United States, which lost $ 5.8 billion, and Japan, which lost $ 5.2 billion.
 
Global value chain refers to a global cross-enterprise network organization that connects production, sales, recycling and other processes in order to realize the value of goods or services. The whole process.
 
This process will include all participants and the organization of production and sales activities, as well as their value and profit distribution.The companies currently distributed across the global value chain are engaged in design, product development, manufacturing, marketing, delivery, Various value-added activities such as consumption, after-sales service, and final recycling.
 
Of the 13 industries analyzed in the report, the textile and apparel industry will lose more than 1.5 billion US dollars (approximately RMB 10.4 billion).
 
Specifically, the EU is the most affected in this industry, with losses of US $ 538 million. Vietnam and Turkey, which are concentrated in manufacturing, are close behind, followed by Hong Kong and Taiwan, and the US textile and apparel industry lost $ 80 million.

Previous   [Return Home] [Print] [Go Back]   Next

Categories

Contact Us

  • Contact Person:

    Mr. Jessy Cai
  • Tel:

    0086-577-83921232
  • Fax:

    0086-577-83921257
  • E-mail:

    premium@vip.126.com