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Thailand's Ministry of Commerce said that the Free Trade Agreement has achieved remarkable results in promoting fruit exports

 Last Update: 2021-11-11
 Source: Internet
 Author: User

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Comprehensive Thai media reported November 1, Thai Ministry of Commerce, said after the signing of a free trade agreement (FTA) with 12 countries, international trade negotiations hall encourage exports take full advantage of the free trade agreement to expand fruit exports from Thailand for no longer import the frozen fruit and dried fruit import tariffs, but also the use of a comprehensive economic partnership agreement (RCEP) for further tax cuts
.
From January to September this year, the rate of fruit exports to FTA countries was as high as 97%.
Durian ranked first with an increase of 67%, followed by mango , longan, rambutan and mangosteen
.

The Ministry of Commerce of Thailand actively assists farmers, companies and exporters to use the Free Trade Agreement to expand fruit exports, especially in the country’s sales representatives who are working hard to help open up the Thai fruit market.
Countries that have signed the Free Trade Agreement no longer impose import taxes on most fruits imported from Thailand.

.

Thailand has signed 13 free trade agreements with 18 countries and regions, including China, Australia, New Zealand, Chile, Peru, Brunei, Singapore, the Philippines, Indonesia, Malaysia, Myanmar and Hong Kong
.
In addition, Japan, South Korea, India, Laos, Cambodia and Vietnam do not impose import duties on most Thai fruits
.

In addition, countries that have signed the Comprehensive Economic Partnership Agreement (RCEP), such as South Korea, China, and Japan, have liberalized Thai fruits and juices.
For example, South Korea canceled the import tax on fresh durian and mangosteen from Thailand, and China canceled the import of pineapple juice and coconut juice from Thailand.
Tax, Thai companies should be fully prepared before the agreement comes into effect
.

From January to September 2021, Thailand’s exports of refrigerated and frozen fruits and dried fruits amounted to US$5.
164.
68 million, an increase of 52%, of which 97% were exported to countries that signed the Free Trade Agreement.
Fruit exports increased by China, 81% and Malaysia.
Increased by 129%, Indonesia increased by 106%, Singapore increased by 60%, South Korea increased by 41%, and Japan increased by 9%
.
The growth rate of export fruits increased by 67% in fresh durian, 53% in fresh mango, 54% in fresh longan, 33% in fresh rambutan, and 15% in fresh mangosteen
.

At present, Thailand ranks 7th in global fruit exports, especially tropical fruit fresh durian, fresh mangosteen and fresh longan, which are Thailand’s largest export volume in the world
.
Thailand's fresh mango exports rank second in ASEAN after Vietnam and seventh in the world
.

Export Fruit Import Frozen Durian Mango

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