Thailand'S Textile Exports Will Grow By 10% In 2011.
According to Thailand World Daily reported on January 6th, the Thailand Industrial Institute textile industry group chairman song SA predicted that in 2011, Thailand textile industry exports will continue to grow 5-10% on the basis of the total export value of US $7 billion in 2010. Thanks to the sharp rise in the number of orders in Japan in 2011, the reason is that Japan imports less from China and imports from Thailand.
meanwhile
After the start of the free trade agreement, the number of importers and exporters who need tariff rights and interests increased.
Urge
In 2010, Thailand's trade with ASEAN market increased by 33%. Thailand exported a large number of upstream and downstream products, including fabrics to Burma and Vietnam, and exported to the United States after tailoring to enjoy the preferential tariff rights and interests granted by developed countries to developing countries (GSP).
Song said that there are still some risk factors for Thailand's export prospects in 2011, such as the Thai baht exchange rate issue, because
Thailand
Most textiles use domestic raw materials, which are more affected by the appreciation of the exchange rate, but if the exchange rate remains stable, private enterprises can adjust in time.
(Ministry of Commerce)
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