The Ministry of Commerce revealed the latest data that the value of Thai exports in August 2024 expanded by 7% for the second consecutive month.
For China, exports rose nearly 9% year-on-year to about $309 billion, the highest level since September 2022.
The baht has strengthened rapidly and sharply in recent months, with a significant appreciation, according to the Bank of Thailand.
Thai Rice Exports Rice is the most important economic crop in Thailand, cultivated over an area of over 50 million rai and with an average production volume of over 25 million tons per year.
Longan is one of the fruits that Thailand produces sufficiently to meet domestic demand and can be exported abroad. Longan is one of Thailand's most important economic crops.
EV3.0 Support Measures - 14 EV car manufacturers import 180,000 cars, fearing production to compensate for excess stock, recommending accelerating exports
GI Products - The Department of Intellectual Property reveals that Geographic Indication (GI) products have consistently had the highest export value over the past several years.
In the first 5 months of 2024, Thailand was able to export approximately 4.6 million tons of rice, an increase of 32.18%, with a value of approximately 106,283 million baht, an increase of 64.59%.
The total exports of finished cars in April 2024 were 70,160 units, down 12.23% from the same period last year.
Nong Khai Checkpoint opens one-stop border trade service (One Stop Service) to facilitate trade, connecting to Laos and China, starting from 1 September 2024.
