Thai textile & clothing exports up 3.71% in Jan-Nov '17

31 Dec '17

2 min read

Reversing last year’s negative trend, exports of textile and clothing from Thailand increased by 3.71 per cent to $6.116 billion in the first eleven months of 2017, compared to $5.897 billion earned in same period last year, data from the Thai Garment Manufacturers Association showed. This rebound was mainly due to the rise in exports of textile segment.

While textile segment exports increased by 7.72 per cent year-on-year to $3.971 billion, garment exports decreased by 2.99 per cent to $2.145 billion during January-November 2017, according to the association.

In the textile category, woven fabric exports fetched $1.264 billion during the eleven-month period, followed by synthetic filament and staple fibres with $729.96 million and yarn and man-made filaments with $704.12 million.

Similarly, among apparel, man-made fibre garment exports were valued at $685.41 million, followed by cotton garments at $509.96 million, and garments of other textile materials at $451.64 million.

In terms of major destinations of Thai garment exports, the US led the pack with $725.26 million, whereas the 28-member EU accounted for $469.55 million, Japan $351.97 million, and China (including Hong Kong) $145.12 million.

Thai clothing exports to the other nine members of Asean increased 1.67 per cent to $119.26 million during the period under review. (RKS)

Fibre2Fashion News Desk – India

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