3 organizations confident that food exports in the year 2020 surpass 1 trillion baht
Published Aug 15, 2020
Tridge summary
3 organizations revealed that the first half of Thai food exports shrank by 2% as a result of the lockdown resulting in flickering products Expect the second half to recover clearly. Aiming for the whole year of 1.02 trillion baht, growing 0.8% of chicken, tuna, seasoning Ready to eat food
Original content
Journalists reported (14 Aug 63) that 3 economic organizations in agriculture and food. Consists of the Food Institute Federation of Thai Industries And the Chamber of Commerce of Thailand announced the overview of the Thai food industry in the first half of 2020, indicating that the production of the Thai food industry fell 8.6 percent, the export value was 505,584 million baht, a slight decline of 2.0 percent. From the situation of the COVID-19 epidemic The group of processed food products expanded (+ 0.1%), while agricultural raw materials contracted (-3.7%). Thai food exports in the second half of the year are expected to turn to positive. Expected to have a value of approximately 519,416 million baht, an increase of 3.6 percent. Estimates that if economic activities gradually recover The baht is weak and volatile. And raw material shortages are likely to decline due to the drought that has eased. Overall, in 2020, food exports will be worth 1,025 billion baht, an increase of ...
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