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Egypt adds further import restrictions as revolution complicates trade

Egypt announced a range of higher duties on imported garments and raw materials on November 24, as part of a package of around twenty new regulations intended to save its garment and textile industry from further job losses. The measures follow the country's ban on all cotton imports announced in late October, and come as the Egyptian industry faces a number of challenges raised by the consequences of the spring revolution. When the current elections are over, and the latest street protests calmed down, the industry might face a further twist in the spiral of populist pressures.

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The Source is Clothesource's monthly newsletter.

Each month, we summarise major events in the world's apparel exporting countries and analyse what they mean for clothing buyers and sellers. We look at changes in trade rules and the really important market-influencing events in the major apparel importing countries. And we keep a permanent eye on what's happening in the world's major buying companies that's likely to influence how clothes are bought and sold.

Using the Clothesource Knowledge Base, we put these events into context, looking at how prices and market shares are actually influenced by events. And we apply the same rigour and scepticism to stories about Albania or El Salvador as we do to what's going on in India and China.

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