Thailand'S Domestic And Foreign Dual Factors Affect Textile Exports

< p > the Thailand government has tried out the lowest 300 baht policy nationwide since January 1, 2013. It has increased < a target= "_blank" href= "http://www.91se91.com/" > textile /a > a target= "_blank" href= "_blank" > clothing > manufacturing, and at the same time, due to the shortage of labor and the appreciation of Thai baht, the manufacturing industry is worsening. At the same time, the traditional textile and garment export market in Europe and the United States such as Thailand and Europe has led to a decline in the output and export volume of the textile enterprises due to the impact of the economic crisis. < /p >
< p > 2013, the trend of output and export volume of Thailand < a href= "http://www.91se91.com/news/index_c.asp" > textile enterprise < /a > has declined. The analysis is mainly due to the rising cost of production in the textile industry, which is the negative impact of Thailand's minimum daily wage of 300 baht policy. < /p >
< p > the Thailand government will implement the policy of a minimum wage of 300 baht in the whole country, which was put forward by the Thai party in Thailand's general election in 2011. In April 1, 2012, the British government chose to implement a minimum wage of 300 baht in the first round of the 7 governments. The government announced that the minimum 300 baht policy would be launched nationwide in January 1, 2013. The salary adjustment system in April 2012 raised the national minimum wage level by 40%, which affected the orders received by businesses by 20-30%. After the full pay adjustment in 2013, overseas businesses will not order products in Thailand factories, instead of ordering products from Vietnam and Kampuchea manufacturers, resulting from lower production costs than Thailand. The policy of Thailand's minimum daily wage of 300 baht has affected the market competitiveness of labor intensive industries, such as a href= "http://www.91se91.com/news/" > garment manufacturing < /a > labor costs. < /p >
The impact of the appreciation of the P baht on the Thai baht will create a more serious blow to the bad debt problems of enterprises, employment and financial institutions, which will lead to a slowdown in domestic consumption. At present, Thailand's labor-intensive industries such as clothing industry, a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > industry, a target= "_blank" href= "http://www.91se91.com/" > leather leathers industry are facing the problem of weakening competitiveness, that is, labor costs are inferior to those of low cost countries such as China, India and Vietnam, and the appreciation of Thai baht accelerates the existing problems, forcing enterprises to shut down. < /p >
< p > lack of labor and economic problems in the European and American markets. The impact of European and American economic crisis has weakened market demand, and the world market of textile and clothing has been affected for Thailand. The industrial economic office predicts that the total export volume of Thailand's a href= "http://www.91se91.com" > textile products < /a will reach US $2 billion 448 million in 2013, down by 3.41% compared with the same period last year. As for the production of ready-made a target= "_blank" href= "http://www.91se91.com/" > clothing < /a >, it is estimated that the total output will reach 18 billion 700 million this year, compared with the same period last year, it will decrease by 2.7%. < /p >