Textile Of Thailand Industrial Institute: Growth Rate Of 5-10% In 2013

< p > Thailand Industrial Institute < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > chairman of the industrial group and chairman of Thailand Textile Association song Ba said that the total value of textile exports in 2013 is expected to achieve a 5-10 percent growth rate on the basis of 2012 US $1 billion 391 million.

In 2013 1-4, the export growth rate of textiles was 8.15%.

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< p > Song Bai revealed that garment exports in 2013 were expected to grow by 5% on the basis of 898 million baht in 2012.

Exports of garment exports declined by 5% in 1-4 months in 2013.

Garment exports are shrinking, mainly due to the sharp appreciation of the Thai baht exchange rate and the impact of the global economic slowdown.

If the Thai baht exchange rate is reduced to 31 baht to 1 US dollars, it will help stimulate the growth of garment exports.

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< p > the overall situation of the integrated textile and garment industry, with the minimum daily average wage of 300 baht measures, and the impact of operating costs on the rise, the competitiveness and regulatory power of the manufacturers have improved.

As manufacturers increase the production of such technology, the overall output is increased.

Some of them are investing in neighboring countries, including Laos, Burma, Kampuchea and Vietnam, because their labour costs are low, and their average daily wage is only around 100 baht.

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< p > Song Bai pointed out that the manufacturers of OTOP products also increased the introduction of production technology, which not only helped to increase the added value of products, but also became the characteristics of products, so as to compete in the market after the formal establishment of the ASEAN Economic Community (AEC).

Taking Thailand silk as an example, the added value of products can be increased by introducing nano technology (Nano) or adding fragrance and taste.

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< p > Thailand textile and garment industry occupies a leading position in this region. Song Po believes that after the establishment of AEC in 2015, Thailand manufacturers are still competitive and can continue to expand their market in ASEAN.

At present, the important export markets of textiles and garments in Thailand are the United States, the European Union and Japan. The market of these countries is still growing well, and the national economy has also recovered.

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