Free Trade Agreement (FTA) bolsters Thai vegetable exports to China: Export increased to 96% in the first quarter
Vegetables
China
Thailand
Published May 25, 2021
Tridge summary
The Department of Negotiations points out that the FTA will help export Thai vegetables to the Chinese market. In the first quarter of this year, it increased 96%, while South Korea's ASEAN market grew well as well. Cassava, chili, a popular product, hoping Thailand to negotiate more tax cuts in the RCEP on May 24, 2021, Mrs. Oramon Subthaweitham Director-General of the Department of International Trade Negotiations revealed that the export of frozen vegetables. Thailand's freeze and dry run went to China, one of 18 countries that Thailand also had a free trade agreement (FTA) in the first quarter of 2021 (Jan-Mar).
Original content
The Department of Negotiations points out that the FTA will help export Thai vegetables to the Chinese market. The first quarter of this year rose 96% while the South Korean ASEAN market grew well as well, cassava, chili, a popular product, hoping Thailand to negotiate more tariff cuts in RCEP. On May 24, 2021 Mrs. Ormon Subthawitham Director-General of the Department of International Trade Negotiations revealed that the export of frozen vegetables. Thailand's freeze and dry go to China, which is one of 18 countries that Thailand also has a free trade agreement (FTA) in the first quarter of 2021 (Jan-Mar) worth US $ 471 million. It increased 96% from the same period of 2020 and is the number 1 export market in Thailand. It accounts for 81% of vegetable exports to the world. In addition to China, there are also growing FTA markets such as US $ 30 million (+ 60%) ASEAN, US $ 3 million Hong Kong (+1), South Korea $ 2 million (+ 23%) and India. $ 0.7 million (+ 12%) The key export ...
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