Exports of Bahraini clothes likely to shrink
The clothes may be shrink-proof, but evidently not the export total. The Bahraini Chamber of Commerce and Industry is forecasting that the country’s ready-to-wear clothing exports are likely to fall during 2001, mainly due to the diminishing demand from the American market.
This was not the case in 2000. According to the Bahraini Chamber of Commerce, the value of exports of ready-to-wear clothing grew to 125.4 million Bahraini dinars ($332.6 million) in 2000, up from BD 89.3 million in 1999. This reflected a 40 percent increase.
The increase in export value is especially impressive over the past half-decade. The export value of the year 2000 was 235 percent higher than the amount reported in 1995.
According to Al-Sharq Al-Awsat, the Bahraini ready-to-wear clothes industry comprises 22 factories. These plants employ 9,790 workers, 28 percent of whom are Bahrainis. Women constitute 60 percent of the total number of workers employed in this sector. — (Albawaba-MEBG)
© 2001 Mena Report (www.menareport.com)