Textile Exports Increased Significantly In Thailand In 1-7 This Year.

2010, 1-7, Thailand textile Total exports amounted to US $4 billion 257 million, an increase of 16.2% over the same period last year. The Thai Farmers' Research Center believes that there is still room for expansion of Thailand's textile exports in the rest of 2010. The total value of textile exports in 2010 is expected to reach US $7 billion 200 million, an increase of 12% over the same period last year. Its main supporting factors are not only the increase in imports by trading partners, but also the tariff relief measures in the free trade area.

However Thailand Textile exporters still have to deal with various risk factors carefully, including: (1) competition among major competitors, especially the world's textile exporters, China and ASEAN countries; (2) textile importing countries such as the United States, European Union and Japan have established production bases in various regions of the world; (3) the emerging labor shortage will adversely affect the growth of Thailand's textile exports.

The Thai Farmers' research center thinks that Thailand textile industry should be adjusted to improve the above problems. Competitive power Such as improving production quality to better satisfy customers' needs, improving marketing strategies and opening up potential new markets, such as ASEAN and the Middle East, are the world's major garment production bases, which can become an important export market for Thailand textiles.