In 2023, Thailand's textile exports to Chile stood at 10.5 million USD. From 2024 to 2028, the exports are forecasted to see a gradual upward trend from 10.638 million USD to 11.248 million USD.
Analyzing the year-on-year variation:
- 2024-2025: 1.48% increase
- 2025-2026: 1.43% increase
- 2026-2027: 1.38% increase
- 2027-2028: 1.33% increase
The compounded annual growth rate (CAGR) for the 5-year period from 2024 to 2028 is approximately 1.38%.
Future trends to watch for:
- Impact of trade policies and agreements between Thailand and Chile on textile exports.
- Technological advancements in textile manufacturing in Thailand improving efficiency and quality.
- Shifts in consumer preferences in Chile influencing demand for Thai textiles.
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