Thailand Textile Industry Looks Forward To Us Reviewing Trade Policy

According to Thailand World Journal March 18th, Api La Ali, director of the foreign trade department of the Ministry of Commerce of Thailand, said that the association of importers of textiles and clothing asked the relevant departments of the United States to reconsider the trade policy of textiles and clothing. As a result of the uniform import measures of the United States, including the introduction of high import duties, the formulation of import quotas, and the rules of commodity origin, the barriers to textiles and clothing trade were all impediments.

If the US government does not review the trade policy toward Thailand, it will also affect the development of the textile industry in the United States, so that Thai exporters will suffer fierce competition in the US market. China is Thailand's main competitor, unless the US family increases its consumption burden by 800 dollars a year.

In 2008, the total value of imports of textiles and garments from the United States amounted to 20 billion 612 million US dollars, an annual decrease of 3.6% and China's market share of 40.9%.

Api La Ali disclosed that most of the US export commodities are products with potential development potential in Thailand, such as underwear, trousers, sweaters, children's clothing, and textile lines.

Apart from China, Vietnam and Indonesia are also competitors of Thailand in the US market. In 2008, the total value of textiles and garments exported to Thailand amounted to 7 billion 199 million US dollars, an annual increase of 3.2%.

Among them, exports to the US market ranked first, involving an amount of US $1 billion 932 million, but the annual ratio decreased by 2%.

Api La Ali pointed out that Thailand operators must be prepared to tackle the global economic recession this year and predict that the recession will last for 2-3 years, which directly affects the purchasing power of consumers and the number of Importers' orders.

Importers must adjust themselves to meet more intense market competition.

Editor in chief: Xu Qiyun