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Archive for the ‘Thailand’ Category

Thailand Strengthens Quality Control Measures Following Contaminated Durian Export

Agricultural Imports, News, Thailand

March 20, 2025

In response to recent concerns over contaminated durian exports, the Thai government is implementing stricter quality control measures to safeguard its agricultural trade relationships. This initiative follows China’s rejection of a 64-ton shipment of Thai durians found to contain Basic Yellow 2 (BY2), a carcinogenic dye, in February 2025. During a recent Cabinet meeting, Commerce […]

Thailand Strengthens Export Standards to Boost Global Agricultural Trade

Agricultural Exports, News, Thailand

March 6, 2025

Thailand is reinforcing its position as a leading agricultural exporter by enhancing safety measures for key fruit shipments. With the harvest season approaching, the Ministry of Agriculture and Cooperatives, led by Minister Narumon Pinyosinwat, is ensuring that durian, longan, and mango exports meet the highest international standards.   Stricter regulations, including advanced chemical residue testing, […]

Thailand’s Mango Exports Flourish with South Korea Leading the Market

Agricultural Exports, News, Thailand

February 28, 2025

Thailand’s mango export industry has witnessed remarkable growth, with South Korea emerging as the top destination for Thai mangoes. This surge is attributed to favorable import policies by the South Korean government and the rising popularity of Thai mango sticky rice among consumers.   In 2024, Thailand exported fresh mangoes worth approximately 2.93 billion baht […]

Thailand’s Steady Interest Rate Strengthens Trade and Economic Resilience

International Trade and Economic, News, Thailand

February 23, 2025

The Bank of Thailand is set to maintain its key interest rate at 2.25% on February 26, reinforcing financial stability and supporting the country’s expanding trade and investment landscape. With Thailand’s economy growing at a robust 3.2% in the last quarter—the fastest in over two years—this decision aims to sustain economic momentum and enhance the […]

Thailand’s Dried Fruit Exports to China Experience Significant Growth, Boosting Trade Opportunities

Agricultural Exports, News, Thailand

February 17, 2025

Thailand has solidified its position as the world’s leading exporter of dried fruit to China, with exports rising by an impressive 10.22% in the first 10 months of 2024. According to the Department of International Trade Promotion (DITP), Thai dried fruit sales to China reached $125.64 million (4.24 billion baht), a clear testament to the […]

Thailand Strengthens Trade Links with Successful Frozen Shrimp Export to China

Agricultural Exports, News, Thailand

January 30, 2025

Thailand is enhancing its position in global trade with the successful export of frozen shrimp to China via the Laos-China railway. This milestone highlights the efficiency of cross-border logistics and reinforces Thailand’s role as a key supplier of high-quality seafood products.   The shipment, totaling 24 tonnes from Songkhla province, utilized a combination of truck […]

Thailand’s Strong Export Growth in October Signals Positive Supply Chain Outlook

International Trade and Export, News, Thailand

November 26, 2024

Thailand’s export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nation’s supply chain. According to data from the commerce ministry, exports rose by 14.6% year-on-year, significantly exceeding the 5.2% increase anticipated by analysts. This robust growth follows a more modest 1.1% rise in September, highlighting the positive momentum […]

Thailand Collaborates with Chinese E-Commerce to Enhance Agricultural Trade

Agricultural Trade, News, Thailand

November 18, 2024

Thailand is advancing its agricultural trade through a strategic collaboration with Shanghai Taihuixuan Technology Co., Ltd., marking a significant milestone for the country’s export sector. The Ministry of Agriculture and Cooperatives and the Marketing Organization for Farmers (MOF) recently signed a Memorandum of Understanding (MOU) on November 15, 2024, to launch “THAI MALL” on leading […]

Thailand’s Economy Surges 3% in Q3, Fueled by Strong Exports and Strategic Stimulus Measures

International Trade and Economic, News, Thailand

November 17, 2024

Thailand’s economy exceeded expectations in the third quarter of 2024, with a robust 3% year-on-year growth, driven by a resurgence in exports and strategic government stimulus initiatives. The National Economic and Social Development Council (NESDC) reported this impressive performance, surpassing the 2.4% growth forecast and the 2.2% expansion seen in the previous quarter.   Quarterly […]

Thailand’s Export Sector Poised for Record-Breaking Growth, Shippers’ Group Confirms

News, Thailand, Trade and Export

November 4, 2024

Thailand’s export sector is on track to reach an impressive 2% growth this year, according to the Thai National Shippers’ Council. With a targeted export value of $290 billion, Thailand’s trade outlook reflects the country’s strategic efforts to strengthen its role in the global market. Exports, which are a key contributor to Thailand’s economic health, […]

Thailand Projects 3% Economic Growth in 2025, Driven by Tourism and Export Gain

Economic Development, News, Thailand

October 30, 2024

Thailand’s Finance Ministry projects a 3% economic growth rate for 2025, fueled by strong performances in private consumption, exports, investment, and tourism. As Southeast Asia’s second-largest economy, Thailand anticipates a robust influx of 39 million foreign tourists next year, an increase from the expected 36 million arrivals in 2024, reinforcing the nation’s tourism sector as […]

Thailand’s Export Momentum Poised to Drive 2% Growth Amid Global Demand Surge

International Trade and Export, News, Thailand

October 28, 2024

Thailand’s export sector continues to show promising growth, with a 1.1% year-on-year increase in September, totaling $25.98 billion. The country’s Trade Policy and Strategy Office (TPSO) forecasts a 2% annual growth, fueled by a favorable global economic landscape, rising demand for Thai products, and easing inflation in key markets like Europe and the United States. […]

Thailand’s Tapioca Sector Adapts to New Market Dynamics

Agricultural Trade, News, Thailand

July 23, 2024

The adaptive strategies being employed by Thailand’s tapioca export sector in response to evolving market conditions. With a shift in China’s demand patterns, Thailand is innovating to maintain its strong position in the global tapioca market.   China, traditionally a major importer of Thai tapioca, is transitioning to using coal for ethanol production in a […]

Thailand Positioned for Growth Amid Semiconductor Production Shift

Economic Development, News, Thailand

March 12, 2024

In a recent statement, US Commerce Secretary Gina Raimondo emphasized Thailand’s potential to benefit significantly from the United States’ strategic move to diversify semiconductor production. Raimondo highlighted the readiness of American firms to amplify investments in the Southeast Asian nation, foreseeing promising prospects ahead.   The electrical and electronics industry stands as a pivotal sector […]

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