Chaos In Thailand Affects Fashion Clothing Exports

"P > Thailand's unstable political situation and continuous demonstrations not only affect tourism, but may even suffer from clothing exports.

The textile industry association quoted the information that customers dare not go to the door. I am afraid that the export of Thailand fashion a href= "http://www.91se91.com/" target= "_blank" > clothing "/a" products will be reduced by 20% to 30%.

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< p > Thailand export service center points out that the political turmoil has affected the export of fashion garments in Thailand. Bangkok's anti government demonstrations and the implementation of the emergency law have resulted in a reduction of 20% to 30% of customers from Europe and Vietnam and 50% of Philippines's customers.

Only Spain, France and South Africa continue to buy fashionable clothing products in Thailand.

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Products exported to Europe are designed by Thai people and produced in fashionable clothing such as Chiang Mai, produced by Thailand community economic entities.

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< p > textile industry association pointed out that this year, the Thailand export service center set the target of 30 billion baht for export products, but it is not sure whether it can be completed. Although the European and US economies are beginning to improve, Thailand's exports are still affected by the internal affairs of the country.

In 2013, the export value was about 25 billion baht, and it did not reach the target of 30 billion baht.

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< p > < strong > related news: China and India a href= "http://www.91se91.com/" target= "_blank" > textile < /a > industry will strengthen cooperation to achieve win-win situation < /strong > /p >

< p > India is the second largest producer of garments and textile products in the world. It is the only country capable of competing with China in the textile and garment industry.

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< p > India textile industry involves cotton, wool, hemp, silk, chemical fiber, knitting, etc. the annual output value of cotton spinning products accounts for more than 75% of the total output value of all textile industry in India.

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< p > since the 90s of last century, India's textile industry has maintained rapid growth for many years, and has achieved considerable competitive advantages in the global textile market.

The textile industry occupies an important position in India's gross industrial output, employment population and foreign exchange earnings.

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< p > textile trade is one of the most dynamic and balanced trade areas in India and China. In 2013, India exported 4 billion 600 million US dollars of textiles to China and imported 4 billion dollars from China.

As the second largest cotton producing country in the world, India exports cotton mainly to China, and the two countries complement each other in the textile trade structure.

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< p > March 4, 2014, the seminar on "investing in India's textile industry" was held in Shanghai. Conte, the new ambassador to India, said: in 2013, the trade deficit between India and China reached US $35 billion. The trade structure of India and China was unsustainable. India needs to upgrade its value chain. China can promote trade between the two countries by increasing investment in India.

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< p > Manicolm Ramaswamy, President of India Cotton Textile Export Promotion Committee, believes that the textile trade between India and China still has great potential to tap. On the one hand, India textile industry is facing technological upgrading and needs a lot of equipment. On the other hand, there are large potential demand such as non-woven fabrics and industrial cloth. Therefore, foreign investment is needed, and India textile industry will be an ideal industrial pfer destination for Chinese textile enterprises beset by cost growth.

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< p > Ramaswamy pointed out that besides the cost advantages of raw materials and labor, India textile industry will also provide more competitive advantages. The land cost of US dollar denominated is decreasing. With the development of power grid, new energy development and pportation infrastructure construction, the cost of electricity and logistics is expected to continue to decline.

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< p > Ramaswamy introduced that textiles are the second largest export commodities in India after agricultural products. The government of India regards it as an important industry to absorb rural surplus labor force. Therefore, a series of policies to encourage foreign investment have been introduced, including welcoming foreign businessmen to establish textile industrial parks in India.

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