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The NESDB reveals that the GDP of the agricultural sector of Thailand in Q3/64 grew by 6.5%, except for the fishery sector, which is expected to grow by 1.7-2.7% for the whole year

Thailand
Published Oct 21, 2021

Tridge summary

Chantanon Wannakhajorn, secretary-general of the Office of Agricultural Economics (NESDB), as a spokesman for the Ministry of Agriculture and Cooperatives, revealed that the agricultural economy in the third quarter of 2021 (July-September 21) grew 6.5% from The same period of 2020, which has greatly improved compared to the 3rd quarter of 2020, which contracted by 1.1% due to the fact that in 2020 many areas of the country experiencing drought and drought As a result, the amount of water is insufficient for agricultural production, while in 2021, the situation has eased. As a result, the agricultural economy since the first quarter of this year has continued to expand. The increased rainfall from the end of 2020 to the beginning of 2021 led to the accumulation of water in the reservoir that important and in natural water sources increased including more favorable weather conditions And the beginning of the rainy season earlier than 2020 has allowed farmers to grow more crops. In addition, the prices of many agricultural products improved. Incentivize farmers to expand production Even though the tropical depression that hit Thailand in late Sept. 21, caused heavy rain continuously and flooding variety in many areas especially in the community and agricultural areas of the lower North But part of the acreage was harvested.

Original content

Chantanon Wannakhajorn, secretary-general of the Office of Agricultural Economics (NESDB), as a spokesman for the Ministry of Agriculture and Cooperatives, revealed that the agricultural economy in the third quarter of 2021 (July-September 21) grew 6.5% from The same period of 2020, which has greatly improved compared to the 3rd quarter of 2020, which contracted by 1.1% due to the fact that in 2020 many areas of the country experiencing drought and drought causing insufficient water supply for agricultural production As of 2021, the situation has eased. As a result, the agricultural economy since the first quarter of this year has continued to expand. The increased rainfall from the end of 2020 to the beginning of 2021 led to the accumulation of water in the reservoir that important and in natural water sources increased including more favorable weather conditions And the beginning of the rainy season earlier than 2020 has allowed farmers to grow more crops. In addition, the ...
Source: RYT9
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