09 September 2021 – 16:25
Ministry of Commerce reveals that FTA pushes agricultural exports for 7 months past 10 billion dollars. Emphasize that covid must be controlled in the factory. not to affect the production
Mrs. Oramon Sapthaweetham Director-General of the Department of International Trade Negotiations The Ministry of Commerce revealed that Thai agricultural exports to 18 countries with Thailand Free Trade Agreements (FTAs) in the seven months of 2021 totaled more than 11,664 million US dollars, an increase of 33 percent compared to the same period. of the previous year The markets with good export growth were South Korea, a 268 percent growth, Myanmar, a 91 percent growth, India, an 85 percent growth, China, a 66 percent growth, and agricultural products with an expansion such as cassava products. Rubber, chilled and frozen chicken, processed chicken, spices and herbs and frozen fresh fruit In terms of popular Thai fruits that expand as well, such as fresh durian, fresh longan, mangosteen and fresh mango.
In addition, Thailand currently reigns as the No. 1 agricultural exporter in ASEAN, followed by Vietnam and Indonesia. The FTA has played an important role in creating a trade handicap for Thai agricultural products in the world market. This is because countries that have FTAs with Thailand have already canceled tariffs on most of the agricultural products that Thailand exports. This gives Thai products an advantage in price and tax costs when competing with products from other countries. Helping agricultural products to be exported to expand continuously. This is in line with the statistics on the use of privileges in agricultural exports with FTA, especially chilled and frozen fresh fruit. Fresh chilled and frozen chicken and processed chicken, rubber and cassava products
And the trend of exporting Thai agricultural products in the future showed that there is a high chance that there will be more expansion. This was because there were supporting factors from the economic conditions of major export markets beginning to recover together with the implementation of economic stimulus policies of various countries. rebound in commodity prices and the direction of the global economy that is expected to improve during the remainder of 2021
However, risk factors that may affect Thai exports It is still a matter of controlling the spread of the COVID-19 virus in the country, which must be controlled not to affect the production of factories and key production sites in Thailand. Including the preparation of backup measures in the event that the manufacturing plant may need to be temporarily closed, along with monitoring the situation and managing to reduce the risk that may affect exports.
followgood contentlike this at
Facebook : https://www.facebook.com/innnews.co.th
Twitter : https://twitter.com/innnews
Youtube : https://www.youtube.com/c/INNNEWS_INN
TikTok: https://www.tiktok.com/@inn_news
