Home / Knowledge / News / Textiles / Thai textile and garment exports decline in 2012
Thai textile and garment exports decline in 2012
06
Feb '13
The exports of textiles and clothing from the Southeast Asian nation of Thailand registered US$ 7.22 billion in 2012, down 12.2 percent year-on-year, according to the Thai Garment Manufacturers Association (TGMA) and the Thailand Textile Institute (THTI).
 
Segment-wise, exports of textiles dipped by 13.68 percent year-on-year to US$ 4.27 billion, while apparel exports fell by 9.95 percent year-on-year to US$ 2.95 billion.
 
The slump in Thai textile and clothing exports is attributed to a slowdown in key markets, especially the EU.
 
Last year, Thai textile and garment exports to the EU stood at US$ 1.09 billion, showing a significant drop of 24.27 percent year-on-year.
 
Thai textile and clothing exports to other major markets also fell in 2012. Exports to China decreased to US$ 388.5 million, down 15.5 percent year-on-year, while those to the US and Japan fell to US$ 1.2 billion and US$ 698.1 million, down 14.08 percent y-o-y and 4.81 percent y-o-y, respectively.
 
During the same twelve-month period, Thailand’s textile and apparel industry spent US$ 442.8 million on machinery, a surge of 30.58 percent year-on-year.
 
In 2012, Thailand’s textile and garment industry imported raw materials worth US$ 3.99 billion, showing a decline of 2.81 percent year-on-year. While imports of fibre and yarn declined by 7.1 percent y-o-y to US$ 2.15 billion, fabric imports increased by 2.74 percent y-o-y to US$ 442.8 million.
 

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

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

Karan Arora
Karan Arora

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search