echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Russia-Ukraine conflict affects Thailand's food, agricultural exports

    Russia-Ukraine conflict affects Thailand's food, agricultural exports

    • Last Update: 2022-04-18
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    According to Thai media reports on March 29, the Secretary-General of the Thai Agricultural Economics Office stated that the conflict between Russia and Ukraine has had a certain impact on Thailand 's agricultural economy .
    A variety of commodity prices
    .
     
    Russia is a major energy country in the world.
    It is rich in oil, gas, coal and other energy sources.
    It is also a major exporter of wheat and corn
    .
    Ukraine is one of the world's major grain exporters and is known as the "granary of Europe"
    .
    If tensions between Russia and Ukraine persist, it will affect commodity prices
    .
     
    Although the trade ratio between Thailand and Russia and Ukraine is not very high, Thailand has always had a trade deficit in its trade with Russia and Ukraine
    .
    Thailand's main products exported to Russia and Ukraine are pineapple products, fruits and vegetables, peels,
    etc.
    The main products imported by Thailand from Russia are frozen fishery products and buckwheat, and the main products imported from Ukraine are wheat and sunflower oil
    .
     
    The Office of Agricultural Economics believes that the Russian-Ukrainian conflict may lead to an increase in Russian demand for Thai rice, rubber, fruits and vegetables, seafood and other products
    .
    On the other hand, Thailand needs to maintain an appropriate position on the situation in Russia and Ukraine.
    In the past, Thailand has always pursued a neutral policy
    .
    As for Ukraine, Thailand's exports to Ukraine have not been greatly affected, but the import of some products from Ukraine has been hindered
    .
     
      Affected by factors such as transportation and declining purchasing power, compared with last year, Thailand's exports of food and agricultural products to Russia and Ukraine may drop by 70-90% this year
    .
      According to Thai media reports on March 29, the Secretary-General of the Thai Agricultural Economics Office stated that the conflict between Russia and Ukraine has had a certain impact on Thailand 's agricultural economy .
    A variety of commodity prices
    .
    feed price
     
      Russia is a major energy country in the world.
    It is rich in oil, gas, coal and other energy sources.
    It is also a major exporter of wheat and corn
    .
    Ukraine is one of the world's major grain exporters and is known as the "granary of Europe"
    .
    If tensions between Russia and Ukraine persist, it will affect commodity prices
    .
    exit
     
      Although the trade ratio between Thailand and Russia and Ukraine is not very high, Thailand has always had a trade deficit in its trade with Russia and Ukraine
    .
    Thailand's main products exported to Russia and Ukraine are pineapple products, fruits and vegetables, peels,
    etc.
    The main products imported by Thailand from Russia are frozen fishery products and buckwheat, and the main products imported from Ukraine are wheat and sunflower oil
    .
     
      The Office of Agricultural Economics believes that the Russian-Ukrainian conflict may lead to an increase in Russian demand for Thai rice, rubber, fruits and vegetables, seafood and other products
    .
    On the other hand, Thailand needs to maintain an appropriate position on the situation in Russia and Ukraine.
    In the past, Thailand has always pursued a neutral policy
    .
    As for Ukraine, Thailand's exports to Ukraine have not been greatly affected, but the import of some products from Ukraine has been hindered
    .
     
      Affected by factors such as transportation and declining purchasing power, compared with last year, Thailand's exports of food and agricultural products to Russia and Ukraine may drop by 70-90% this year
    .
    food and agricultural products
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.