Thailand’s exports in August reached 889,014 million baht (approximately 27 billion US dollars), marking the 14th consecutive month of growth. This also results in overall export growth for the first eight months of this year (January-August) of 13.3% year-on-year, according to a report from the Ministry of Commerce.
Thailand’s primary markets that continue to expand include the USA, China, and ASEAN, while new markets such as the CLMV region, the Middle East, and Africa are showing signs of recovery despite the global economic slowdown. Agricultural products such as rice, rubber, and fruit continue to grow well, particularly Thai rice, showing high demand in the Middle East and Africa.
The Government has promoted trade promotion measures, negotiated new free trade agreements, and supported Thai entrepreneurs in accessing global markets to generate revenue and maintain economic stability.
