The Ministry of Commerce has reported that in the first eight months of 2024 (January-August) Thailand’s agricultural products exports globally expanded 8% year on year, valued at US$19,826 million. The exports to the Free Trade Area (FTA) partners amounted to US$12.7 billion (430 billion baht), making Thailand the largest exporter of agricultural products in the ASEAN region and eighth globally.
Major importers include China, ASEAN countries, Japan, and South Korea. In August, the top five agricultural exports from Thailand were fresh and frozen fruit (US$604 million), rice (US$562 million), rubber (US$497 million), chicken (US$392 million), and cassava products (US$260 million).
The Government is reducing obstacles and improving conditions to help Thai exporters do more business. It is anticipated that the country could climb to the fifth-largest agricultural exporter globally.
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