Exports Jan-64 plus 0.35% increase for 2 consecutive months. As a result of the economic recovery of the world. Many countries stimulate the economy COVID-19 vaccine results in better results, Thai products exported better, including food and home use And prevent disease, revealing cars, computers, and electrical circuits also recovered Plus, the market has returned to be positive. Expect the trend to continue throughout the year with a 4% hope.
Mr. Phusit Ratanakul Sereengrit The director of the Office of Trade Policy and Strategy (OTP) revealed that the international trade of Thailand in January 2021 was valued at US $ 19,706.6 million, an increase of 0.35%, a second consecutive month of expansion. As of December 2020, an increase of 4.71%, imports were valued at $ 19,909.0 million, a decrease of 5.24%, but imports of capital goods and raw materials did not decrease. Which will affect future exports And a trade deficit of US $ 202.4 million. If deducting goods related to oil, gold and weapons, consumables Exports will grow up to 7.57%, truly reflecting the growth of the export sector.
By the factors that contributed to the export recovery Coming from a better global economy Economic stimulus measures in many countries that have come out continuously. Stimulate purchasing power And the efficacy of the COVID-19 vaccine That began to see clear results Resulting in confidence returning Resulting in better economic activity Meanwhile, Thailand’s major export products recovered well, with agricultural products and agro-industry increasing 3.7%, industrial products up 0.9%, as well as several export markets recovering.
Products that continued to expand well include food, especially vegetables, fruits, cassava products, palm oil, pet food. Fresh, chilled and frozen pigs And food seasonings Work-at-home items and electrical appliances such as furniture and parts. Microwave ovens and appliances for heating Refrigerators and freezers Washers and components Phone and parts Infection prevention and epidemic reduction products such as medical equipment and pharmaceutical equipment and rubber gloves are also found to have recovered from automobiles, equipment and components. Computers and components, electric circuit boards, steel and chemical products and plastic resins, etc.
Export markets that recovered were 5.7%, with Japan increasing 7.4%, the US increasing 12.4%, but the EU 15 countries reducing 5.4%, high potential markets increased by 1.4%, with ASEAN, 5 countries, 11% reduction, but CLMV increased 3.8%. Add 9.9%, Hong Kong added 23.4%, South Korea added 6.6%, Taiwan added 18.1%, but India reduced 11.5%, secondary potential market increased 10.3%, Australia added 30.3%, Middle East added 13.1%, Africa added 6.3%, Canada added 10.2%, but Latin America added. 2.9% reduction, the European Union, 12 countries, 18% reduction, the CIS group, including Russia, 2.1% reduction and other markets, reducing 87.3%, such as Switzerland, 93.8% reduction.
Mr. Phusit said The export trend is expected to continue improving. Following the recovery of the world economy Oil prices rise Positively affects the export of related products And the COVID-19 vaccine It helps economic activity to return. If the average monthly export is 20,093 million US dollars. This will make the full year exports plus 4%, but still have to be careful of the pressure factor. Including new coronavirus outbreaks That still exist International shipping problems and container shortages And the baht appreciation
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