Related Keywords: Asean, EU and US market, EU import-duty privileges, flat growth rate, garment export, GSP, Japan-Thailand Economic Partnership Agreement, Thai garment industry, Thai Garment Manufacturers Association, uncertain economic outlook
Due to the uncertain economic outlook in some major markets , and in the European Union and the United States in particular, Thai garment exports likely to see relatively flat growth in a range of zero to 5 percent next year against expansion of 2-3 percent this year, according to the industry.
Besides deflation in EU countries and concern over the pace of recovery in the US, the forecast also takes into account the loss of EU import-duty privileges for Thai garments early next year.
