Trade

Thai exports hit new record in November

The Commerce Ministry disclosed Thai exports in November were valued at US$17.7 billion, nearly 28.5 per cent growth, compared to the same period last year.

Published

10 years ago

December 21, 2010

Aishwarya Gupta

The Commerce Ministry disclosed Thai exports in November were valued at US$17.7 billion, nearly 28.5 per cent growth, compared to the same period last year.

Imports were valued at $17.2 billion, an expansion of 35.3 %, so Thailand enjoyed a trade surplus of $407 million, Commerce Minister Porntiva Nakasai said.Exports in the first 11 months of 2010 were valued at $177 billion, a growth of 29.15 per cent and imports in same period were valued at $166 billion, a 39 per cent increase. Thailand’s trade surplus from January through November was $11.87 billion.

The Commerce Ministry disclosed Thai exports in November were valued at US$17.7 billion, nearly 28.5 per cent growth, compared to the same period last year.

If exports in December reach $14-15.5 billion, exports for the whole year is likely to surpass $190 billion, a growth of about 26-28 per cent, as projected by the ministry.

via Thai exports in November grow 28 per cent: Commerce Ministry.

Trade

Thailand to increase rice exports to 6 million tons this year

Published

3 weeks ago

March 30, 2021

National News Bureau of Thailand

BANGKOK (NNT) – The Commerce Ministry has launched measures to increase rice exports to 6 million tons this year, valued at around 150 billion baht, with Indonesia, China, Bangladesh and Iraq set to be the main markets under government-to-government (G2G) deals.

(more…)

Singapore

UK exporters’ use of Singapore as ASEAN’s supply chain gateway boosted by new bilateral trade agreement

Singapore’s role as a hub for UK companies, whether as exporters or investors accessing Southeast Asia’s and broader Asian dynamic economies, was elevated by the new UK-Singapore trade agreement (UKSTA) which came into effect on 1st January 2021.

Published

4 weeks ago

March 22, 2021

ASEAN Briefing

UK exporters’ use of Singapore as ASEAN’s supply chain gateway boosted by new bilateral trade agreement

There was much controversy, before and after the United Kingdom’s (UK) Brexit from the European Union (EU), in talk of it adopting a free trade and manufacturing model similar to Singapore’s.

(more…)

Economics

Cross-border trade is expected to grow up to 3-6%

Published

1 month ago

March 3, 2021

National News Bureau of Thailand

BANGKOK (NNT) – Thailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by COVID-19 vaccine distribution and the global economic recovery.

Foreign Trade Department Director-General Keerati Rushchano said cross-border trade, which includes transit trade, is likely to generate 1.36 to 1.40 trillion baht, up from 1.31 trillion baht in 2020.

According to Mr Keerati, the key risk factor that may derail border trade growth is the political chaos in Myanmar that will weaken purchasing power there and cause a delay in goods transport.

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