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India’s apparel exports to UAE declines 33 per cent since April ’18

India’s apparel exports to the UAE declined by 33 per cent from April 2018 to February 2019.

Indian exporters were using the UAE as a gateway for apparel shipment to the Middle Eastern countries, Africa and Europe. However, the UAE levied an import tax a few months ago on all merchandised products, including apparels, to restrict trading activity and encourage local manufacturing. This led to the decline in exports. As a matter of practice, exporters were shipping their consignments to the UAE for repackaging and distributing to neighboring countries. The changing consumer shopping pattern and the recession are impacting the retail business in the UAE, pushing buyers to cut their import orders. The UAE contributes 20.14 per cent in overall Indian apparel export value. The UAE’s overall textile and apparel imports have been declining for three years. The five per cent VAT as well as an increase in fuel and electricity prices following the crash of oil prices in the international market has hit the country negatively.

Meanwhile India’s direct apparel exports to African countries have improved. Since individual countries in Africa have developed their own strong banking systems, importers in African countries have started approaching Indian apparel exporters directly.

 
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