Thailand's annual fruit exports are expected to exceed 5.5 billion U.S. dollars, a year-on-year increase of 30%

Published 2021년 9월 2일

Tridge summary

Thailand's fruit exports, including durians and longans, to China have seen a significant increase from January to July 2021, reaching 131.16 billion baht, a 48.31% increase from the previous year. The annual export target has been set at 180 billion baht. The Thai Ministry of Commerce is implementing measures to further promote longan exports to China, including supporting distribution points and negotiating with potential importers. The success of Thai fruit exports is attributed to various factors such as customs clearance at Chinese ports, financial support from the Export-Import Bank of Thailand, the strong economic recovery of China, and the depreciation of the Thai baht.

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

Original content

According to Thai media reports, Thailand’s exports of fresh and processed fruits from January to July 2021 reached 131.16 billion baht, a year-on-year increase of 48.31%. The Thai Ministry of Commerce estimates that the annual fruit export target is 180 billion baht (approximately US$5.571 billion), which is a year-on-year increase of 48.31%. An increase of about 30%. The substantial increase in fruit exports is inseparable from Thailand’s emphasis on the fruit industry and large-scale publicity activities. It is only the Thai Fruit Golden Month event, which generates at least 20 billion baht in revenue in 13 cities in China. Take Thai durian as an example. According to the latest online data from the General Administration of Customs of China, China imported 586,100 tons of fresh durian in the first 7 months of 2021, valued at more than US$2.99 billion. Imports increased by 30% year-on-year, and the value of goods increased by more than 30% year-on-year. The increase in value of ...

Source: Guojiguoshu