Thailand Garment Export Orders Shrinking In The New Year Is Expected To Export Volume Is Difficult To Reach 30 Billion Baht.

< p > the Thailand Bobae export service center has pointed out that the current political chaos in the country is affecting the export of fashion a target= "_blank" href= "//www.sjfzxm.com/" and "clothing /a" products. It is estimated that the export volume of related products will hardly reach the target of 30 billion baht this year.

< /p >

Pakanchai, the head of the center, said that the demonstrations in Bangkok threatened the normal production and operation of the clothing factories. Although customers from Spain, France and South Africa continued to buy fashionable clothing products from Taiwan, but in recent years, orders from Europe and Vietnam decreased by 20%~30%, and Philippines's orders decreased by 50%.

Besides Bangkok, export orders in some important clothing producing areas such as Chiang Mai and Chiang Mai have been affected to varying degrees.

< /p >

< p > at the beginning of this year, the a href= "//www.sjfzxm.com/" > Thailand < /a > Industry Association formulated the target of 30 billion baht export for the whole year, but judging from the current situation, the industry is not sure that it has the ability to accomplish this set goal.

Because at present, Thailand's clothing export is not only affected by the economic recovery in Europe and America, but also restricted by domestic political factors.

It is understood that in 2013, Thailand's clothing exports amounted to about 25 billion baht, and did not reach the target of 30 billion baht.

< /p >

< p > from November 2013 onward, workers in Thailand garment factories no longer work overtime to complete orders. This is because some operators went to India and other countries to purchase products. The industrial chain of fashion clothing processing and production in these countries is perfect, and the level of labor compensation is lower than that in Thailand.

It seems that although the clothing industry in Thailand has certain design advantages and the industry is developing towards the value added direction, at the present stage, its cost rising factors still weaken its competitiveness with other countries.

< /p >

At the same time, the domestic sales situation in Thailand is similar to that in the export scale. P

Bobae is the most famous clothing wholesale market in Bangkok. The wholesale market has annual sales of about 15 billion baht.

In 2013, sales slowed to 14 billion baht due to slowing economic growth and political problems.

Sales in 2014 are expected to reach 15 billion baht.

Although the Thai baht devaluation benefits foreign customers to buy more products, Thailand's tourism safety is in crisis, so the number of foreign customers coming to Thailand to buy clothes has been greatly reduced.

< /p >

< p > > Thailand a href= "//www.sjfzxm.com/" > export < /a > Nopapon, President of the shipping industry association, said that the overall situation of the country's exports is still stable, and the export situation of some products is not optimistic.

Nopapon pointed out that clothing is a fashionable product with seasonal styles, and products need to be adjusted during the season.

As more and more overseas customers turned to Vietnam for processing and production, the order situation in the three or four quarter of last year decreased.

The first quarter of this year has shrunk, and the trend of orders in the second quarter is still unclear.

"Although the depreciation of the Thai baht is beneficial to industrial exports, this year's overall foreign trade prospects are worrying.

If the political situation is still unclear or there is a conflict, foreign customers will not place an order with the Thailand factory, and the investment will encounter problems, so the long-term situation is worrying.

As for whether the target of 5% increase in exports this year can be achieved, the relevant industry associations should make further assessments based on the situation.

Nopapon said.

< /p >