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Thailand's Textile, Garment Exports to Double this Year

Thailand's Textile, Garment Exports to Double this Year

Write: Susy [2011-05-20]

The ministry expects that the textile and garment exports this year will increase to 7.5 billion US dollars from 4.6 billion last year, with the shipment of the ready-to-wear clothes enjoying a growth of 48 percent.

Deputy Commerce Minister of Thailand Preecha Laohapongchana said on Wednesday that the development of fashion and textile products from upstream to downstream items had created two million domestic jobs, and it has earned the country around 8 US dollars in revenue last year and was expected to generate up to 9 US dollars this year.

Main destinations include the United States, European Union, and Japan, Preecha was quoted by the Thai News Agency as saying.

The ministry also sets an export target for leather products to reach 1.53 billion US dollars, led by the shipment of sport footwears with a value of 450 million US dollars.