Commerce reveals Thai products exports under FTA-GSP rights 7 months, down 14.77%

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asked Oct 26, 2020 in 3D Segmentation by limited (860 points)
edited Oct 26, 2020 by limited


Mr. Kirati Rachano, Director-General of the Department of Foreign Trade Ministry of Commerce Disclose the use of export benefits under the Free Trade Agreement (FTA) and under the General Customs Special Rights (GSP) system between January and July 2020 that the value of use Total rights are $ 35,421.85 million. Has 77.94% exercise ratio
It is divided into US $ 32,875.25 million of benefits under the Free Trade Agreement (FTA). And the value of benefits under the General ทางเข้าslotxo Tariff System (GSP) 2,546.60 million US dollars. Overall, the use of privileges for the first 7 months of 2020 decreased 14.77%.


Utilization under the free trade agreement in the first seven months of 2020 amounted to $ 32,875.25 million. Decreased from the same period of the previous year by 15.88%, with 77.69% exercise ratio, with the top 5 Thai export markets with the highest exercise value under FTAs ​​as follows:


1) China (valued at $ 11,152.89 million)
2) ASEAN (valued at $ 10,798.63 million)
3) Japan ($ 3,890.21 million)
4) Australia ($ 3,426.95 million)
5) India (valued at $ 1,784.67 million)
The top 5 free trade agreements are as follows:

 

 


1) Thailand - Chile (100%)
2) ASEAN-China (91.62%)
3) Thailand - Peru (89.56%)
4) Thailand-Japan (83.83%)
5) ASEAN-Korea (73%)
Products with high exercise value such as fresh durian, synthetic rubber products mixed with natural rubber, guava, mangosteen, motor vehicles for transporting cargoes with a total vehicle weight of not more than 5 tons, vehicles for transporting ten or more people, cassava, etc.


Use of benefits under the four General Special Tariffs (GSP) systems, USA, Switzerland. Russia and the Commonwealth of Independent States and Norway during January - July 2020. The exercise value was US $ 2,546.60 million, an expansion of 2.61% and the exercise ratio was 81.32%. The export market where Thailand had the most exercise value was US $ 2,243.21 million. It increased 0.49% from the same period last year and had 83.24% exercise ratio. The second is Switzerland. Has an exercise value of US $ 200.24 million It increased 29.17% from the same period of last year and had a 62.66% exercise ratio. The third was Russia and the CIS. The exercise value is 84.64 million USD. It increased 4.92% from the same period of last year and the exercise ratio was 84.60% and Norway had an exercise value of US $ 18.51 million. Increased 34.72% from the same period of the previous year and 100% exercised. Products with high exercise value such as rubber gloves, flavored food Air conditioner components Non-alcoholic beverages, citric acid, glasses lenses made by other materials. The mattress base is made of cellular rubber or plastic, etc.


As for food, beverage, processed agricultural products, Thailand is still the world's kitchen with the potential to produce and export such products in a wide variety. And can be exported to many partner countries continuously since the beginning of the year Although there are economic risk factors Especially the spread of the COVID-19 virus. Which causes the economic slowdown of trading partners Products that continue to expand well include non-gas beverages such as milk (ASEAN), fresh fruit (ASEAN), flavored food (ASEAN), fruit juice (ASEAN-Australia-New Zealand), flavored tuna. (ASEAN - Australia - New Zealand) food made from grain flakes. (ASEAN-Australia-New Zealand) flavored tofu (Thailand-Australia), flavored sauces (Thailand-Australia), fresh durian (ASEAN-China), guava, mangosteen (ASEAN-China), shrimp (ASEAN-China), sweet corn (ASEAN-Korea), tuna, skipjack and Sarda bonito (Thailand-Peru, Russia and CIS), pineapple flavored (Thailand-Chile, Russia and CIS), Gallus domestigus chicken (Thailand - Japan) etc.

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