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Himfr.com reports Thailand's exports of clothing orders influx of increasingly better this season

According to Thailand "World News" reported October 30, Thai Garment Industry Association, Vice-Chairman Su Ji said, the Thai garment exports have improved trends and forecast Q4 of this year exports will increase as the economy improves, the current manufacturers have received a lot of orders, estimated annual export value of clothing this year, compared with only 5-10% reduction last year, Thai garment exports 3.5 billion.

     Su-Ji said, I believe this year's exports will pick up gradually, get the support of economic recovery, and currently has received orders routed to the first one quarter of next year, are confident that next year's garment exports will grow by at least 5%.

     Su-Ji said that all kinds of garment exports will continue to grow. This year the export of children's clothing is not affected by economic crisis, the parents did not reduce the consumption of such goods. If the economy improves, children's clothing export value will further increase. Sportswear, in order to meet the middle of next year in African countries, held football matches, and now manufacturers have began to receive orders.

     Analysis of the market situation found that the establishment of the ASEAN Economic Community, will help to increase the Thai garment exports to the ASEAN market, next year could clearly see the gradual growth in the ASEAN export markets, especially exports to the ASEAN 10 +3 countries have the opportunity to replace the U.S. as the Thai garment major export markets.

     Su-Ji pointed out that the Thai garment exports this year, a marked increase in Japan, and was the only positive growth in export markets is forecast to be a continuous growth in the Japanese market next year, Thai exporters to step up adjustment, and in cooperation with Japanese importers. For the U.S. market, but also take quite some time before the economic recovery, the United States is the root of the economic crisis, forecasting the U.S. market late next year in order to return to normal. This period, U.S. companies have started to increase employee, promoting the population to improve consumer confidence.

     Sukit predicted that next year's garment industry will be close to full capacity utilization, higher than 80% this year, worried that next year's labor shortage, affecting clothing exports. While this year's economic crisis, the demand for labor members of the Society up to 10000 6,000 people, but still can not find workers. If the economic recovery, probably even more difficult to find workers, forecasts the next 3-5 years, the labor shortage problem will become more serious.

     Su-Ji said that by the shortage of labor strikes, some of the operators prepared to move investment to foreign countries. In November of this year, the association will lead 10 members of the Association went to look for investment opportunities in Bangladesh and Vietnam. Forecast for next year will have a large number of investors turn to investment in Bangladesh and Vietnam, the two countries have a large number of workers are suitable for labor-intensive industry.

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