Home / Knowledge / News / Apparel/Garments / 'Thai garment exports may touch $7.8bn this year'
'Thai garment exports may touch $7.8bn this year'
Mar '14
The exports of garments from Thailand are expected to touch US$ 7.8 billion in 2014, due to signs of global economic recovery, especially in the EU countries, Mrs. Duangkamol Jiambutr, Deputy Director-General of the Department of International Trade Promotion (DITP) has said, reports The Nation.
After inaugurating the 31st Garment Export Fair in Bangkok, Mrs. Jiambutr said the garment sector was one of those industries that would continue to show strong growth in 2014.
She said the apparel exports from Thailand are expected to rise by 5 percent year-on-year, compared to exports of $7.48 billion made last year.
She said the economic recovery in the EU and a weaker baht, estimated to remain between 31-33 against the US dollar, would give the required push for increase in garment exports.
Apparel companies in Thailand have constantly focused on design and product development, and cost management, which would also help them in sustaining in the global market, she added.
Sukij Kongpiyacharn, president of the Thai Garment Manufacturers Association (TGMA), said garment sales in the domestic market have dropped owing to lower consumer confidence, and hence, apparel manufacturers are focusing more on export market.
He hoped that the Asean Economic Community (AEC) would ensure long-term growth for domestic clothing manufacturers. He added that the TGMA expects more apparel exports from Thailand to the EU, the third-largest market for Thai apparel, once the Thai-EU Free Trade Agreement (FTA) is signed.
Speaking on the occasion, Srirat Rastapana, Permanent Secretary in the Ministry of Commerce, Government of Thailand, urged Thai enterprises to adapt urgently to new regulations and high standards as required in the EU markets, to ensure more exports.
She said Thai companies should be aware of EU trade rules, including policies related to environment protection and corporate social responsibility, in order to enjoy growth in exports to the EU market.

Fibre2fashion News Desk - India

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search