Home / Knowledge / News / Textiles / Satisfactory export results may not help prevent trade deficit
Satisfactory export results may not help prevent trade deficit
Jun '08
Even though exports of Thailand may reach a satisfactory level, the country is on its way to experience a trade deficit.

However, the exact amount of trade deficit, Thailand is likely to incur, is yet to be assessed as the global prices of crude oil continue to rise uncontrollably.

Moreover, large amount of machinery imports made by Thailand for production of finished goods have also one its bit to widen the trade deficit.

The issue was recently discussed with entrepreneurs in textile, garments, gems & jewelry and agricultural sectors. But unfortunately, despite most of the industries performing well in their respective arenas, there is nothing much that can be done to prevent this deficit from surfacing on the annual trade results.

As of now, new policies are being undertaken with focus on penetrating new markets, particularly the Middle East, where the purchasing power is still very high.

Bifurcation of exports to varied markets will not only help exporters earn their revenues but will also ensure steady profits and strengthening of bilateral relations with client countries.

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

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

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...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Yash P. Kotak
Bombay Hemp Company

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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