Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce, announced the conditions of international trade in Thailand and border and cross-border trade. May and the first 5 months of 2022 via zoom system at Kitiyakara Woralak room, 4th floor, Permanent Secretary building. Ministry of Commerce
Mr. Jurin said that the number of exports in May 65 increased by 10.5%, valued at 854,372 million baht, and exports in the first 5 months of Jan.-May +12.9% valued 4,037,962 million. baht for the first 5 months, exports +12.9%, reaching 4 trillion baht. 3 major products include agricultural products. Agricultural and industrial products Agricultural products, May 65 + 3 consecutive months +21.5%, value 106,082 million baht, important products such as 1. Cassava products, May 65 + 81.4%, important markets such as China, Indonesia, Japan, Taiwan and South Korea and the first 5 months 65 +27.3% contributed significantly to pulling farmers’ cassava prices higher in the past The price of cassava that farmers sell, fresh cassava root, 25% starch, 3 baht per kilogram, which is higher than the previous years 2. Fresh fruit May 65 + 28.7% Major markets such as China, Malaysia, Taiwan, Indonesia and Myanmar. Fresh mangosteen is a rising star May 65 + 566.1% First 5 months +488.3% Fresh pineapple May 65 + 410% Major markets are Malaysia, China and Saudi Arabia for the first 5 months 65 +100% Dried longan May 65 + 214.9% There is a new market in the Netherlands for the first 5 months +80.8% Fresh durian in May 65 + 11.4% worth 34,870 million baht and this year’s rice is expected to export better than last year, increasing for 4 consecutive months. C.65 + 24.7% and the first 5 months +23.2%, bringing money into the country 47,803 million baht, major rice export markets such as the United States, South Africa, Cameroon, China and Yemen, rubber May 65 + 3.9% for the first 5 months of this year +2.8% lead Money entering the country 78,971 million baht
For agricultural industry products, it is +15 consecutive months. May 65 +32.7% for the first 5 months 65 + 27.9%, making money entering the country 322,863 million baht. Products with high growth are: 1. Sugar, May 65 +171.2 % 5 months +151.0% 2. Canned and processed seafood May 65 + 32.5% 5 months +10.9% Make money entering the country 51,158 million baht 3. Pet food expands for 33 consecutive months for the first 5 months +25.4% Make money entering the country 40,721 million baht and the category of industrial products +15 months for the first 5 consecutive months +11.3% Make money entering the country 3,162,977 million baht Important products such as 1. Fax machine, telephone, May +141.3%, first 5 months +75.7 % made money entering the country 63,029 million baht 2. Gems and jewelry for the first 5 months +48.3% made money entering the country 109,478 million baht 3. Iron, steel and products for the first 5 months +14.9% made money entering the country 100,115 million baht 4. Machinery and Components for the first 5 months +16.8% making money entering the country 121,142 million baht 5. Rubber products in May 65 + 10.0% making money entering the country 42,340 million baht and the first 5 months -4.3% making money entering the country 198,229 million baht 6. Electrical circuit board first 5 months +14.7% make money into the country 12 5,921 million baht
The top 10 markets with the highest growth in May 65 were 1.South Asia +55.7% 2.Canada +45.3% 3.Middle East +37.9% 4.USA +29.2% 5.Latin America +22.5 % 6.South Korea +14.5% 7. CLMV +13.1% 8.EU +12.8% 9.Africa +10.2% and 10. ASEAN(5) +8.3% where exports are still very good for the first 5 months. 12.9% made money entering the country, touching 4 trillion baht, especially a month May has supportive factors that make export numbers very good, such as Policy to promote the export of agricultural products, food and beverages of the Ministry of Commerce considered successful in promoting marketing 1. Management of fruit exports to Thailand’s largest market, the Chinese market, has achieved concrete success. can adjust the logistics model that had encountered problems in the previous is land transport It is more transportation by sea and by air. This year, fruit exports to China had very few obstacles and had a smooth success. under proactive and in-depth management which is the world’s largest food exhibition and distribution Organized by the Department of International Trade Promotion, making BCG Model and Soft Power products earn more than 60 billion baht.
3. Policy to expedite the utilization of FTA and Mini-FTA, and joint discussions to solve problems in a timely manner at the ministerial level. which he negotiates with many countries, including the Ministers of Trade, Laos, Vietnam, negotiations at the level of commercial diplomats with Chinese authorities and other related countries, etc. and overall economic factors such as higher global food demand This allows Thailand to export more supportive food and the global manufacturing sector expands the demand for raw materials from Thailand. In the end, the depreciation of the Thai baht in the latter part helped the exports to be able to compete with their competitors in the world market better.
For border trade and cross-border trade, border trade in 4 countries 1. Malaysia 2. Cambodia 3. Myanmar 4. Laos In general, border trade in May 65, exports +16.33%, making 55,002 million money entering the country. baht and the first 5 months of 65: Export +17.24%, make money entering the country 267,052 million baht, Malaysia May Export -1.57%, make money 14,932 million baht, the first 5 months +3.08%, make 75,348 million baht in the country. Negative due to a shortage of semiconductors resulting in a lack of raw materials. Myanmar Exports in May + 23.28% made money into the country 13,432 million baht for the first 5 months +34.25% made money into the country 59,986 million baht Cambodia in May Export through border trade +13.82% Make money entering the country 13,405 million baht for 5 months +17.76% Make money entering the country 67,503 million baht Lao PDR in May +40.25% make 13,223 million baht for 5 months First + 21.90% Export 64,216 million baht
As for cross-border trade, there are 3 important countries which are China, Vietnam and Singapore. Which is the destination of cross-border trade May 65 -24.01% made 35,702 million baht entering the country for the first 5 months -23.81% made 137,534 million baht into the country, the main reason is to turn to more exports by ship and air instead of exporting across the border to land causing the number of border crossings via land routes to decrease But it did not result in the overall decline in export numbers to increase. We can solve the problem of the logistics transportation system from the land that has problems. To cross the checkpoint because of the covids by ship and by air is more flexible. Cross-border exports to China in May -18.80% made money entering the country 19,083 million baht, 5 months combined -24.90% made money entering the country 56,549 million baht, Singapore exported in May-11.18% made money into the country. 3,887 million baht for the first 5 months +2.5%, making money 20,101 million baht. Singapore in May, negative because of the reduction of land transport due to more clutter to ships. And after the containers are flexible, freight rates are reduced. Trade through Vietnam in May -15.24 percent made 3,737 million baht into the country, the first 5 months -8.27%, made 18,438 million baht into the country.
“Overall, border and cross-border trade combined in May -3.77% made 90,704 million baht into the country due to negative cross-border trade. We transport less by land, turn to ships and more by air. This also makes the May figure +10.5% overall and the first 5 months overall exports +12.9%.”
When it comes to the export direction in the remaining months of this year. Mr. Jurin said Still think it’s still positive because this 5 months is +12.9%. The whole year is still likely to be positive and should exceed the target. Because the target is set at 4-5%, think it should reach the goal. But how much to add, must be evaluated in more detail. Last year, exports for the whole year were 8.5 trillion baht. This year, the target is 9 trillion baht, but 5 months, 4 trillion baht has been achieved. should be able to exceed the target of 9 trillion baht
In addition, the reporter stated that in the meeting room there were Mr Ronnarong Poonpipat, Director of the Office of Trade Policy and Strategy, Ms Mallika Boonmeetrakul Mahasuk, Advisor to the Minister of Commerce, Phithak Udomwichaiwat. Director-General of the Department of Foreign Trade and Mr. Phusit Rattanakul Sereeruengrit Director-General of the Department of International Trade Promotion also participated.
