Commerce Minister Phumtham Wechayachai will lead a commerce delegation to the USA from January 17th to 22nd, in an try and broaden the US marketplace for Thai merchandise.
In the course of the go to, Phumtham stated his delegation will meet with main US importers of Thai rice, who import about US$52 million price of Thai rice every year, to encourage them to purchase extra, and can discover potential new rice prospects within the US market.
The Thai delegation is anticipated to signal an MoU with its American counterpart on the acquisition of Thai rice and canned meals, he added.
Throughout 11 months of final 12 months, bilateral commerce worth between Thailand and US was estimated at US$62.6 billion (2.1 trillion baht), which was a rise of 4.6% on the identical interval of the earlier 12 months. Thai exports to the US had been estimated at US$44.8 billion (1.5 trillion baht), a rise of three%, whereas imports from the US amounted to about US$17.7 billion (617 billion baht), a rise of 8.8%.
The primary Thai exports to the US had been computer systems and equipment, rubber merchandise, cell telephones, equipment and spare components, semi-conductors, transistors and electrical energy transformers. Exports to the US are anticipated to extend by 2% this 12 months.
Thailand’s essential imports from the US had been crude oil, equipment and equipment, chemical substances, circuit boards, plane, gliders, aviation equipment and spare components.
