Summary of Thai Textile and Garment Export/Import

 of  year 2001

During the whole year of 2001 the Thai textile export and import has been decreased approximately 5.77% compared to the corresponding period of the previous years. The export value of Thai textile and garment of this year is US$5,266.1 million, while the value of last year was US$5,588.3 million. The textile products that decreased in this period consist of garment fabric, yarn, household textile, synthetic filament and staple fibres. However, the textile products that increased in this period consist of embroidery and lace, shawls, scarves, other made up articles, dress patterns as well as others textile product. When considering by item, we found that the garment category which is US$2,918.6 million, at rank 4th of the total export of every item, equals 6.92% while the value of last year was US$3,135.5 million. The decreased in textile total export value has been affected from the economic recession of the major trading partners. Considering form the export value of garment from Thailand to United States in this period is US$2,030.2 million, while the export value of previous year was US$2,108.9 million, which reduced approximately 3.73%. Moreover, According to the American Attack in September 11th can cause the reducing of import textile product from Thailand as well as the special tariff that United States propose to Pakistan. 

         The USA has still been Thailand’s major market with highest value of US$ 2,030.2 million equals 38.55% of the entire Thai textile export. Second rank is Japan, which has value equal to US$334.3 or 6.35% of the whole. Others rank consist of United Kingdom, Hong Kong, Germany and United Arab Emirates. Most of our export products compose of ready-made garment, fabric, yarn, synthetic fiber and household textile whereas our competitors in the major markets are the ASEAN countries such as Singapore, China, Indonesia, Philippines, Malaysia, South Korea and India.

On the other hand, import of textile’s machinery in this year increased from US$443.2 million to US$417.7 compare with the previous year. It has indicated that in this year the import value of textile’s machinery increases 6.10%. As well as the import value of ready-made garment, nonwovens and increased when compare with the last year. However, the import value of fabric decline from US$998.5 to US$ 919.7 or 7.89% compare to the previous year.

 

Furthermore, The World Trade Organization Conference at Doha City in Qatar on November last year leaded to recognize announcement of China to be the new member of WTO. This can cause China’s Government to modify its economic administration. As well as its economic performance in line with the principles of WTO by liberated the trade and service in domestic market. This is the evident for all country to concentrate on China Textile Industry will effect to production and trade of the World Textile market in the future.