European And American Economic Problems Affect Exports Of Garments And Other Products In Thailand.

2011/9/5 9:36:00 61

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European And American Economies Thailand Garment Exports

Wudichai, deputy director of the office of export promotion under the Ministry of Commerce of Thailand, revealed that the office pays close attention to the economic problems in Europe and the United States, even if it is the United States.

purchasing power

Decline, but if the government can continue to introduce stimulus policies, such as the third round of quantitative easing measures (

QE3

It is not expected to affect Thailand's exports to the United States.

Although the US economic problem is still not resolved in the second half of the year, it is unlikely that it will have a serious impact on Thailand's exports, because the US market now accounts for only 9-10% of Thailand's total exports.

US economic problems in Thailand's short term

Influence

The continued depreciation of the US dollar has led to the appreciation of the Thai baht. The most influential products are luxuries, or non daily necessities, such as computers and their spare parts, ornaments and garments.

As for the EU's economic problems, the European Central Bank has decided to buy state bonds with economic problems to solve the problem temporarily, so that the EU debt problem will not spread to other areas in the short term.

Although the EU's economic problems are still relatively small,

Export Promotion Office

We will continue to pay close attention to this.