The Thailand Industrial Promotion Department recently stated that thanks to the recent increase in foreign orders and the government’s increased support for the industry, Thailand’s total exports of textiles and clothing in 2014 will reach US$7.584 billion, a slight increase of 3.66% year-on-year.
In late June this year, the Thai government announced that it planned to set up a special fund to provide various and varying degrees of financial support to small and medium-sized textile and garment enterprises based on different needs to help them expand their trade scale in neighboring countries. In terms of orders, thanks to the hosting of the World Cup, the uniforms of 10 national football teams that have entered the finals are produced in Thailand.
The Department of Industrial Promotion stated that because Thailand has production advantages in the textile and garment industry, it is expected to become a trading center for fashion products in the ASEAN region. It is believed that with the expansion of the popularity of Thailand’s fashion products and the improvement of fashion product design capabilities, Thailand will become a fashion center It will further enhance its attractiveness and attract more foreign businesses to purchase in Thailand.
Thailand’s textile and apparel exports are expected to grow slightly.%
The Thailand Industrial Promotion Department recently stated that thanks to the recent increase in foreign orders and the government’s increased support for the industry, Thailand’s total exports of…
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