According to a number of Thai media sources, on February 19, Karon, deputy spokesman for the Office of the Prime Minister of Thailand, revealed that Thai Prime Minister and Finance Minister Saita plans to strengthen international economic cooperation by signing the Freedom Agreement (FTA), and take advantage of this to increase opportunities, attract foreign investment, and promote the expansion of Thai agricultural products to overseas markets.
He said that in 2023, Thailand's agricultural exports will rank first in the ASEAN region and seventh in the world. The export of processed agricultural products ranks third in the ASEAN region and 11th in the world.
At the same time, Thailand's agricultural exports to FTA partner markets reached 195 in 2023US$6.3 billion, an increase of 4%, accounting for 73% of total agricultural exports; The export value of processed agricultural products reached 150US$7.4 billion, an increase of 2 percent, accounting for 67 percent of the total exports of processed agricultural products3%。Among them, the market with higher export growth is China, which increased by 11%; This was followed by the ASEAN market, which grew by 5%.
In addition, he said that among the agricultural and processed agricultural products that Thailand exports to the markets of FTA partner countries, the products with potential are as follows:
1.rice, with a 92% expansion in Indonesia, the Philippines and Malaysia;
2.coffee, which expanded by 43% in Cambodia, Japan and China;
3.Fresh, chilled, frozen fruit and dried fruit grew by 23% in China, Malaysia and Vietnam.