Cotton yarn exports from Thailand amounted to US$ 217,495 during last year, registering a rise of 66.4 percent, compared to 2012, as per the data released by the United States Department of Agriculture (USDA).
According to the USDA report on Thailand Cotton 2014, Thailand exported 63,821 metric tons (MT) of cotton during last year, totaling $217,495, whereas during 2012, the country exported around 33,908 MT of cotton amounting to $130,693.
China was the main destination for exports of Thai cotton yarn during 2013, with Thailand exporting 42,115 MT of cotton worth $121,546, followed by Japan with 4,850 MT totaling $27,322, South Korea with 3,735 MT amounting $14,217, Sri Lanka with 1,979 MT worth $8,546 and Malaysia with 1,822 MT with $7,784.
Meanwhile, Thailand imported 11,166 MT of cotton yarn totaling $60,195, recording a fall of 9.4 percent, compared to cotton imports of 14,375 MT worth $66,469 during 2012.
As per the USDA report, China was the main supplier of cotton yarn to Thailand during last year, supplying 3,657 MT worth $27,805. India ranked second with Thailand importing 3,848 MT of cotton worth $15,749 during last year, followed by Japan with 867 MT totaling $3,646, Indonesia with 611 MT amounting to $3,257 and Egypt with 412 MT worth $2,455.
In 2011, Thailand exported 28,992 MT of cotton yarn totaling $153,435, whereas the country imported 14,227 MT of cotton yarn amounting to $76,008.
