Decline In Clothing Output In Kyrgyzstan
In the past five months, Kyrgyzstan
Sewing enterprise
The production capacity is reduced by 39.3%, said Fatima Saddam Kulow Va, director of the Bureau of light industry of the Ministry of energy industry.
Saddam Kulow Va said: "in the past five months, clothing output reached 60.7% in the same period last year, which means that it was 39.3% lower than the same period last year."
Saddam Kulow Va said that the decline in output is the product of the customs union. The customs union has imposed stringent requirements for the inspection of border commodities and the enforcement of pport documents.
Since 95% of Kyrgyzstan's clothing products are exported to Kazakhstan and Russia, any problem can have a direct impact on exports.
At present, the representatives of clothing companies assure us that there is no such difficulty at the border, which is different from the beginning of this year.
Saddam Kulow Va said that the output value of these five months has dropped by 419 million 100 thousand US dollars over the same period last year.
In the first 5 months of this year, the output value of sewing machine products reached US $1 billion 948 million, compared with the output value of US $2 billion 367 million in the same period last year.
But despite the decline in clothing output, exports in the first four months of this year increased by 111.7%.
Garment exports amounted to US $44 million over the same period, and exports amounted to US $39 million 400 thousand in the same period last year.
Saddam Kulow Va said that the decline in output did not affect exports, which is due to the so-called post shift deduction.
Some of the late 2011 production of clothing companies began in early 2012.
Kyrgyzstan currently has 700 garment companies, 95% of which are exported to Russia and Kazakhstan.
Clothing exports account for 4.5% of the country's GDP.
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