ID :
171194
Mon, 03/28/2011 - 06:19
Auther :

Promising prospect foreseen for Thai exports in the U.S.

BANGKOK, March 28 (TNA) - An upturn for Thai exports on the U.S. market, marked by a 20 per cent increase over the past two months, has underlined a promising prospect of rising Thai shipments to the United States.

Somjin Plengkham, chief of Thailand's international trade promotion office in New York under the Thai Commerce Ministry's Department of Export Promotion, said that the positive trend has been witnessed in the total value of Thai exports to the US market in the first two months of this year--which reached as high as 3.36 billion US dollars, a 20 per cent year-on-year increase.

Somjin noted that key Thai exports to the United States during the January-February period included computers, electronic devices and parts, natural rubber and related-products, jewelry and gems, clothing, canned seafood and processed food products.

Somjin said, however, that Thai exports to the US market this year will be focused on branded Thai clothing products due to their growing market share with a total value of some 1.26 billion US dollars in 2010, a 7.26 per cent year-on-year increase from the previous year. Exports of the branded Thai apparels stood at 194 million US dollars during the January-February 2011 period alone, a 2.8 per cent year-on-year rise.

The senior Thai official acknowledged that her trade office in New York, together with other Thai agencies concerned, has inked a deal with the U.S.-based “New York Thai Design Group”, comprising Thai fashion designers affiliated with renowned brands, aimed to help promote an international “Fashion Network”, covering Thai businesses to raise the Thai clothing industry to a global upscaled market.

Meanwhile, Nantawan Sakuntanaga, Director-General of Thailand's Department of Export Promotion, said that Thai fashion and textile industries have gained a worldwide reputation in design, quality and reasonable prices, earning the country's up to 7.68 billion US dollars last year, some 19 per cent increase from 2009. (TNA)

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