COVID-19 SUPPLY CHAIN DISRUPTIONS AND SMEs’ EXPORT PERFORMANCE IN ABIA STATE, NIGERIA
Abstract
The Covid-19 pandemic that originated from China has disrupted supply chain across the globe and caused all round reduction in business activities. This study examined the effect of Covid-19 supply chain disruptions on SMEs’ export performance in Abia State, Nigeria. The research design was the survey method. The population for the study was 14,620 comprising operators of textile and leather SMEs in industrial clusters in Aba, Abia State, Nigeria and with the Taro Yamane’s formula, a sample size of 400 was obtained. Convenience sampling method was adopted for this study. The questionnaire used in the study was validated by two research experts in measurement and evaluation and one in marketing. Regression analyses showed that Covid-19 supply chain disruption was a negative and significant factor affecting export sales growth and export intensity of the studied SMEs in Abia State of Nigeria. The recommended amongst others that SMEs during the post-Covid-19 period should form strategic inter-firm alliances in order to sustain export networks. Forming inter-firm alliance can benefit the SMEs in information sharing, corporate financing and sourcing of materials, corporate exports, etc. Working as a team of interconnected firms can equally help the firms build a culture of resilience for crisis seasons.
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Published in BUSINESS AND FINANCE JOURNAL
ISSN: 988-47878
This article appears in our peer-reviewed academic journal
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