Large quantities of Chinese vegetables flood into Thailand, and vegetable prices in northern Thailand halved

Published 2021년 12월 24일

Tridge summary

The opening of the China-Laos Railway has allowed for a large influx of Chinese vegetables into Thailand, particularly in the northern region. This has led to a significant drop in the prices of various vegetables, including cabbage and tomatoes. The University of the Thai Chamber of Commerce anticipates that the daily export of vegetable and fruit containers from Thailand to China could reach 200 containers starting next year, potentially increasing the trade deficit between the two countries. Additionally, the article highlights the impact of poor customs clearance on the prices of Thai longan and small pineapples.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Thailand’s China Daily News, after the opening of the China-Laos Railway, a large number of Chinese vegetables entered Thailand from Nong Khai, resulting in a sharp drop in the prices of many vegetable varieties in northern Thailand. Northern Thailand is the main growing area of Chinese cabbage, cabbage, tomatoes and other vegetables. At present, the price of cabbage has dropped from 20 baht/kg to 8-9 baht (approximately 1.5-1.7 yuan/RMB), and 15-16 baht/kg for Chinese cabbage. 5-6 baht (about 0.95-1.14 yuan), tomatoes dropped from 50 baht/kg last month to 20 baht (about 3.8 yuan) this month. In addition to China, countries such as Myanmar and neighboring Thailand also Thailand exports vegetables, and the influx of imported vegetables has caused the price of vegetables in northern Thailand to fall. The report disclosed by the Research Department of the University of the Thai Chamber of Commerce pointed out that if China completes the China-Laos railway freight test, ...

Source: Guojiguoshu