Change WooCommerce order by condition on the edit product screen.

change-order-on-edit-product-screen.php

<?php

/**
 * Change views on the edit product screen.
 *
 * @param  array $views Array of views.
 * @return array
 */
function ywp_product_views( $views ) {
	global $wp_query;

	// Add sorting link.
	if ( current_user_can( 'edit_others_products' ) ) {
		$class            = ( isset( $wp_query->query['orderby'] ) && 'id' === $wp_query->query['orderby'] ) ? 'current' : '';
		$query_string     = remove_query_arg( array( 'orderby', 'order' ) );
		$query_string     = add_query_arg( 'orderby', rawurlencode( 'id' ), $query_string );
		$query_string     = add_query_arg( 'order', rawurlencode( 'ASC' ), $query_string );
		$views['byorder'] = '<a href="' . esc_url( $query_string ) . '" class="' . esc_attr( $class ) . '">' . __( 'Sorting', 'woocommerce' ) . '</a>';
	}

	return $views;
}

add_filter( 'views_edit-product', 'ywp_product_views', 9999 );

// The code goes to your active theme/child theme functions.php file
// NOTE: ASC = Ascending, DESC = descending