Thai exports in Sept. 64 were valued at US$ 23,036 million, an increase of 17.1% for the seventh month in a row, revealing strong growth products, rubber, fresh longan, resulting in exports for the first 9 months of 2021 with a value of 199,997.7 million US dollars, expanding 15.5%
On October 26, 2021, Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce Revealing the picture of Thai exports in September 2021, it was found that the value of 23,036 million US dollars, an increase of 17.1%, was the seventh consecutive month of expansion. as a result of accelerating exports Accelerating the resolution of obstacles The economies of trading partner countries are growing well. and the depreciation of the baht
Meanwhile, imports in September 2021 were valued at US$ 22,426.2 million, an increase of 30.3%, resulting in Thailand having a trade balance of US$ 609.8 million. Overall, exports in the first nine months of 2021 were valued at 199,997.7 million USD, an increase of 15.5%, and imports were valued at 197.980.9 million USD, an increase of 30.9%, resulting in Thailand having a trade balance of USD 2,016.8 million in the first nine months.
When looking at exports of agricultural products and agro-industry, it grew 12.1% compared to the same period last year. and continued to expand for 10 months. Products that expanded well were rubber, cassava products, rice, pet food. Products that contracted were fresh, chilled, frozen and dried fruits, canned and processed seafood, resulting in the first nine months of 2021, exports of agricultural products and agro-industry grew by 14.5%.
Exports of industrial products grew 15.8% compared to the same period last year. Expanded for 7 months. Products that expanded well included oil-related products, automobiles, equipment and components. computer Equipment and components, while shrinking products include fax machines, telephones, equipment and components, washing machines. Dry cleaning machines and components, gold has not yet been formed, resulting in the first nine months of 2021, exports of industrial products grew by 14.6%.
The product groups with good expansion and opportunities for export were 1) agricultural and food products, especially rice, cassava products, rubber, palm oil, sugar, pet food. and food seasoning 2) Products related to working at home (Work from Home) and household electrical appliances such as computers and components Radio receivers, televisions and components microwave oven Air conditioner and components and telephones and equipment. 3) Products relating to infection prevention and reduction of the epidemic such as medical equipment and equipment. and 4) intermediate goods or raw materials such as iron, steel and products, chemicals, plastic resins, rubber products, circuit boards, and machinery and components; and 5) high-priced durable or luxury goods such as automobiles, equipment and components. and gems and jewelry (Excluding gold) continued to expand well. total trade value
Mr. Jurin said that exports to most major export markets improved from the previous month. according to the product demand of partner countries in accordance with the situation of the epidemic of the COVID-19 virus Unraveling global delta species and more comprehensive vaccinations As for new markets, it still needs to be pushed. The Commerce Ministry had a meeting and was of the opinion that in addition to maintaining the old market, we need to add new markets and regain the old ones that were lost.
However, exports expanded as a result of Export Promotion Program The Ministry of Commerce joins hands with the private sector. Accelerate the solution of successful solutions in both containers solving the problems of Thai-Vietnam border checkpoints, Thailand-China, etc., including accelerating the successful opening of the checkpoints
At the same time, he still assigns various agencies to implement the strategy. “Production Lead Market” and the Ministry of Commerce’s plans during the rest of the year Ministry of Commerce continues to organize activities that helps drive exports, such as bringing Thai products to sell on the Indonesian platform especially food, health, beauty and lifestyle products; expediting rice exports to South Africa, China, Yemen and Iraq markets; and plans to promote Thai rice in Indonesia, Bangladesh and China markets.
There will also be an action plan that results from The Deputy Prime Minister’s visit to the area included 17 measures of proactive fruit management, along with pushing for products. high value agriculture Promotion and development of e-commerce merchants of new generation entrepreneurs and accelerating The opening of 11 more border trade checkpoints after they were temporarily closed due to the spread of the Covid-19 virus. in order to achieve the export target.