Tridge summary
Thailand's vegetable exports have seen a steady growth, particularly in China, due to the Free Trade Agreements (FTAs) in place. In the first quarter of 2021, Thailand's exports of Chinese vegetables surged by 96%, with a total export value of around 471 million U.S. dollars. Apart from China, ASEAN, Hong Kong, South Korea, and India also contributed to the growth in Thailand's vegetable exports. The total export value to ASEAN countries was 30 million U.S. dollars, with cassava and chili being the best-selling products. The export value of raw/dried/dehydrated cassava was 387 million U.S. dollars, an increase of 86%, with China and Japan being the main markets. The export value of frozen fresh and dehydrated vegetables was 506 million U.S. dollars in the first quarter of this year, marking a 71% increase from the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Thailand’s China Daily reported on May 24 that FTA helped Thailand’s vegetable exports grow steadily, especially China’s huge consumer market. Official data show that Thailand’s exports of Chinese vegetables in the first quarter of 2021 alone increased by 96%, with a total export value of approximately 471 million. U.S. dollar. ASEAN and South Korea also performed well. Cassava and chili are one of the best-selling products. China is one of the 18 countries that have signed an FTA with Thailand. It is also the most important export market for frozen fresh and dehydrated vegetables in Thailand, accounting for 81%. The total export value to ASEAN countries is 30 million U.S. dollars (a year-on-year increase of 60%) , The Hong Kong Special Administrative Region of China was US$3 million (an increase of 1% year-on-year), South Korea was US$2 million (an increase of 23% year-on-year), and India was US$700,000 (an increase of 12% year-on-year). Thailand’s exports to the FTA market ...
Source: Ciie
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