Thailand considers imposing durian export tax of 25 satang per kilogram

Published 2023년 12월 20일

Tridge summary

Thailand is considering introducing the "Thailand Durian Fund Bill" to collect taxes and fees from exporters to support the sustainable development of durian cultivation, as the country does not have any fund to help durian farmers despite their high export rates. The durian export tax will be levied at 25 satangs/kg, with the total annual tax revenue estimated to be around 375 million baht. The Thai Durian Fund will set up a committee and allocate the taxes received for durian research and development, quality control, assistance to affected farmers, and administrative expenses, with 25 articles in the law outlining penalties for tax evasion and obstruction of fund staff.

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Original content

According to Thai media reports, Thailand is considering introducing the "Thailand Durian Fund Bill" to imitate the rubber model and collect taxes and fees from exporters to support the sustainable development of durian cultivation. According to reports, the idea of setting up a durian fund has been around for a long time. Thailand’s durian exports exceed that of rice and rubber, ranking first among Thailand’s export crops. However, Thailand does not have any fund to help durian farmers. The original intention of establishing the fund was to help planting customers to deal with problems that may arise in the future. The durian export tax will be levied at 25 satangs/kg (100 satangs = 1 baht), which is equivalent to about 0.051 yuan/kg. Based on Thailand’s annual export of 1.5 million tons of durians, the total annual tax revenue is about 375 million baht, which is equivalent to about 0.051 yuan/kg. 77 million yuan. The Thai Durian Fund will set up a committee, and the ...

Source: Foodmate