Home / Knowledge / News / Textiles / Thailand's textile exports rise 10.49% in Jan-Aug'13
Thailand's textile exports rise 10.49% in Jan-Aug'13
08
Oct '13
The exports of textiles, excluding apparel, from the Southeast Asian country of Thailand increased by 10.49 percent year-on-year to US$ 3.149 billion during the first eight months of the current year, according to the data from the Federation of Thai Industries (FTI), Thai News Agency reported.
 
However, the exports of apparel declined by 4.15 percent during the same period to US$ 1.957 billion.
 
Somsak Srisupornwanit, chairman of the Textile Industry Club of the FTI, attributed the decline in apparel exports to shifting of some garment units to the neighbouring countries like Laos, Myanmar, Cambodia and Vietnam to benefit from lower labour costs in those countries.
 
The relocation of apparel units to other countries in the Asean region will further benefit once the Asean Economic Community (AEC) comes into effect in 2015, Mr. Somsak said.
 
He suggested that the Government should increase its support to textiles research, and added that the Board of Investment (BOI) should strive to attract investment in high-tech textile factories in Thailand.
 
In 2012, Thailand’s textile exports 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.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

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

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
February 2017

February 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