Textile exports from South Asian countries are surging, as the region begins to recover from the impact of Covid-19 on manufacturing processes.
Specifically, Thailand exported 64.8 billion baht ($1.95 billion) of garments and 188.6 billion baht ($5.67 billion) of textiles in the first 11 months of 2021, according to the Thai Garment Manufacturers Association president Yuttana Silpsarnvitch, as quoted in The National Thailand.
The figure for Thai textile exports was up from 28.8 billion baht ($866 million) in the first five months of the 2020/21 financial year, according to a US Department of Agriculture Foreign Agricultural Service report from March 2021.
Thailand’s textile and garment industries were severely impacted in 2020, with approximately 3,000 factories halting normal business and focusing on producing PPE suits and face masks. However, renewed global demand has helped the industry return to full capacity.
The news comes as Nike’s subcontractors in Vietnam recently resumed production in the country, after the Delta variant forced nearly 200 factories to close, causing the company to lose over 160 million pairs of shoes.
However, despite the majority of the workforce returning, analysts expect the supply chain to remain slow to begin with, due to social distancing measures.