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South Thai products have great potential for export to the ASEAN market

 Last Update: 2021-08-26
 Source: Internet
 Author: User

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Comprehensive Thai media reported on August 11 that the Thai Ministry of Commerce intends to assist enterprises from various provinces in the southern Thai border area to use the free trade agreement to export to the ASEAN market, including fruits , processed seafood , rubber products and batik products to export to ASEAN.
The market potential is huge
.

The Ministry of Commerce intends to improve everyone’s knowledge of using free trade agreements to expand overseas markets, and cooperate with representatives of foreign commerce offices, Songkhla, Yala, Pattani and Taogong Commerce Bureaus to speed up helping local farmers, enterprises, and cooperatives to produce Channels for products that meet market demand
.

The Ministry of Commerce intends to invite government units and private companies to share information and experience, including large export companies, distributors, representatives of the commercial office, the Southern Thai Border Area Management Center, and representatives of the Commerce Bureau of the Southern Thai Border Region to jointly promote potential products in the southern Thai border area.
Exports, including fruits (durian, grapefruit, rambutan, dragon kung fruit, mangosteen), processed seafood, rubber products, batik products, etc.
, focusing on Malaysia, ASEAN and halal markets, and making full use of the free trade agreement to cancel or reduce import taxes The benefits of expanding exports
.

The Ministry of Commerce intends to promote farmers in Southern Thailand to produce products that meet market needs, strengthen product quality and safety management, trace the production methods and sources of products, and obtain market-recognized and consumer-trusted standard certification, which will help product sales And the increase in prices will help farmers and enterprises earn more income
.
Use free trade agreements as an export competition tool to expand exports to overseas markets, especially markets with more than 2 billion people
.
The Ministry of Commerce actively explores new markets and enhances the company's own competitive advantage in trade
.

In 2020, the trade volume between Thailand and ASEAN reached 110 billion U.
S.
dollars, of which the export trade volume was 63 billion U.
S.
dollars.
Compared with the trade situation before the signing of the free trade agreement, it was found that Thailand’s trade with ASEAN increased by 843% and exports increased by 1135%
.
From January to May of 2021, the trade volume between Thailand and ASEAN reached 45.
26 billion U.
S.
dollars, and the export trade volume was 26.
22 billion U.
S.
dollars, accounting for 24.
14%
.

If the Regional Comprehensive Economic Partnership Agreement (RCEP) takes effect in early 2022, it will be another item that will help Southern Thai companies and farmers expand their exports, including exports to markets such as ASEAN, China, South Korea, Australia, and New Zealand
.

Export fruits and seafood

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