Thailand : Thailand textile & clothing exports earn $7.459bn in 2014

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Thailand textile & clothing exports earn $7.459bn in 2014

13
Mar '15

The exports of textile and clothing from the Southeast Asian nation of Thailand earned US$ 7.459 billion last year, showing a marginal decline of 0.3 per cent over 2013’s exports of $7.482 billion, data from the Thai Garment Manufacturers Association showed.

Segment-wise, textile exports dropped by 0.14 per cent year-on-year to $4.602 billion, while garment exports decreased by 0.57 per cent to $2.857 billion, according to the association.

In the textile category, woven fabric exports fetched $1.522 billion, followed by yarn and man-made filaments with $937.36 million and synthetic filament and staple fibres with $753.35 million.

Similarly, among apparel, man-made fibre garment exports were valued at $866.82 million, followed by cotton garments at $815.91 million, and garments of other textile materials at $535.98 million.

In terms of major destinations of Thai garment exports, the US led the pack with $999.87 million, whereas the 28-member EU accounted for $675.71 million, Japan $397.52 million, Asean(9) $152.83 million, and China (including Hong Kong) $122.75 million.

Early this year, Thailand lost EU import-duty privileges, which may lead to a decline in garment exports in 2015. (RKS)

Fibre2fashion News Desk - India

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