During
the first quarter of the Thai
textile export and import in this year has been decreased approximately 12.59%
compared to the corresponding period of the previous year. The export value of
Thai textile and garment of this quarter is US$1,140.2 million, while the value
of last year was US$1,304.4 million. The textile products that decreased in this
period consist of garment, fabric and yarn, embroidery and lace, shawls, scarves,
mufflers, viels, other made up articles, dress patterns. However, the textile
products that increased in this period consist of household textile, man-made
filament and staple fibres, fishing nets as well as other textiles.
When
considering by item, we found that the garment category which is US$582 million,
at rank 4th of the total export of every item, equals 17.45% while
the value of last year was US$705 million. The decreased in textile total export
value has been affected from the American Attack in September 11th
can cause the reducing of import textile product from Thailand. Moreover, According to China have been the member of WTO this
can cause to increase the high competition in the world market. As well as the
Non-tariff Barriers and discipline of WTO that affect Thailand to adjust the
competitive potential and prepare ourselves to deal with textile liberalization
in year 2005.
The USA has still been Thailand’s major market with highest value of US$ 400.7
million or 35.14% of the whole value. Decreasing from US$462 million
approximately 13.27% from the corresponding period of the last year. Second rank
is Japan, which has value equal to US$86.5 million or 7.58% of the whole. Others
rank consist of United Kingdom, Germany and United Arab Emirates. Most of our
export products compose of ready-made garment, fabric and yarn, man-made fibres,
household textile, and other textiles whereas our competitors in the major
markets are the ASEAN countries such as China and Indonesia.
On
the other hand, the most of import value of textile decreased such as clothes
and clothing accessories, nonwovens, textile fibers, yarn and fabric.
Significantly in fabric, decreased approximately 15.78% or US$156.7 million when
compare with the last year. Furthermore, import of textile’s machinery of
first quarter increased from US$103.3 million to US$4105.4 million compare with
the previous year. It has indicated that the import value of textile’s
machinery increases 2.03%. This can cause from the developing of technology in
Thailand as well as the learning in new innovation to improve their skill of
Thailand’s expert.
Remarkable
:
The
Thai textile and garment export/import of year 2002 was delayed because
Department of Business Economics had adjust their structure of export product.