Segment-wise, textile exports dropped by 7.45 per cent year-on-year to $2.821 billion, while garment exports decreased by 8.64 per cent to $1.783 billion during January-August 2015, according to the association.
In the textile category, woven fabric exports fetched $926.70 million during the eight-month period, followed by yarn and man-made filaments with $544.70 million and synthetic filament and staple fibres with $481.32 million.
Similarly, among apparel, man-made fibre garment exports were valued at $572.31 million, followed by cotton garments at $466.72 million, and garments of other textile materials at $346.17 million.
In terms of major destinations of Thai garment exports, the US led the pack with $630.69 million, whereas the 28-member EU accounted for $385.66 million, Japan $247.42 million, Asean(9) $97.29 million, and China (including Hong Kong) $89.11 million.
Thai clothing exports to the EU saw maximum drop of 18.56 per cent during the period under review, mainly due to the country losing import-duty privileges from this year.
In 2014, Thai textile exports dropped marginally 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. (RKS)
Fibre2Fashion News Desk – India