Apparel exporters increase export prices Saudi garment prices will rise 50%

According to the Saudi communique on December 2, 2010, Saudi clothing prices are expected to increase by 50% as garment exporting countries increase export prices and Saudi Arabian customs regulations.

It is understood that clothing prices have risen by about 20%. In addition, Saudi Arabia has tested imported clothing for up to one month, which has increased importers' storage costs and inspection costs. This is the main reason for the rise in clothing retail prices.

Saudi importers have been communicating with overseas exporters on the price of clothing, but there has been no result. If the price goes up again, many poorer consumers will be unable to afford it.

Saudi clothing sales prices have generally risen, especially for garments imported from China, because *** is gaining in value, and Saudi Riyals is linked to the US dollar, which will inevitably lead to higher prices. It is reported that 90% of Saudi clothing comes from China.

The exchange rate is not the only reason. China is developing many large-scale projects and the salaries of its employees are rising. This has a great impact on garment manufacturers. The increase in these costs was finally passed on to the importers. Some importers have already begun to switch to Vietnam and other countries to import clothing.

It is understood that Saudi Arabia introduced a new policy 15 days ago, requiring all imported clothing, fabrics and textiles must pass the inspection of the Saudi Ministry of Commerce and Industry.