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Jordan garment sector records 35 per cent decline

As per Jordan’s Garment Traders Association, the country’s garment sector has recorded a 35 per cent decline since January as demand for clothes and shoes was lowest in three years. The sector witnessed zero profit, despite the return of Jordanian expats for summer. Import amounted to JD195 million for the first half of the current year, compared to JD220 million for last year’s first half.

In recent years, there has been a noticeable decline in the Kingdom’s import of clothing and shoes, with around JD280 million in 2015, and then dropping 25 per cent over the past two years. With Eid Al Adha approaching, garment store owners “have minimal preparations, with little-to-no expectations on a higher demand on clothes and shoes. The custom duties and taxes- which amount to 57 per cent of the product’s price — are some of the major challenges facing the traders and retailers,

 

 
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