Home / Knowledge / News / Textiles / Textile and garment export sees strong growth
Textile and garment export sees strong growth
23
Dec '08
In the period from January to October, of the ongoing year, Thailand fetched near about US$ 6.086 billion by exporting textile and garment products. The figures represented a year–on–year growth of 5.4 percent. Experts suggest this is a very impressive growth in the context of global economic downturn.

Because of financial crisis, consumers in US have reduced their expenditure, especially on clothes. Thus garment export sector in Thailand suffered decline in October, stood at $1.605 billion, down 2.6 percent year-on-year.

On the other hand, exports to the other major markets still kept strong growth, especially EU and Japan, totaled $1.143 billion and 401.6 billion respectively, escalated by 5.51 and 30.86 percent.

According to available statistics from Thailand Textile Institute, exports to South East Asian countries (ASEAN) also enjoyed fruitful results, represented a year-on-year growth of 14.7 percent to $871.8 million, including Vietnam for $190.17 million; Indonesia at $159.81 million and Malaysia for $114.06 million.

In the meanwhile, Thailand imported textile and garment products worth $3.185 billion during January to October period, showcasing a rise of 22.8 percent over similar period previous year. During this time, the country expended $2.732 billion and $453.5 million on textile and garments respectively.

For further statistics click here

Fibre2fashion News Desk - Vietnam


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Anvita Mehra
Confidential Couture

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

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

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

Urs Stalder
Sanitized AG

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

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search