Thailand has reestablished its preeminence in the fresh durian export to China, with shipments exceeding 121,398 tonnes by April 2024. Data from the Global Trade Atlas (GTA) corroborates this trend, also revealing a significant uptick in mango exports to South Korea, propelled by advantageous trade policies.
Government spokesperson Chai Wacharong reported that recent data from Thailand’s Ministry of Commerce not only reaffirms Thailand’s critical role in the durian market but also positions it well ahead of Vietnam, which exported 79,186 tonnes valued at $369 million. Thailand’s durian exports to China stood at an impressive $717 million (26.3 billion baht).
From January through April 2024, Thailand shipped over 225,204 tonnes of fresh durians. This ascending trajectory is likely to persist, driven by relentless demand and augmented production capabilities.
Deputy Prime Minister and Commerce Minister Phumtham Wechayachai’s strategic market diversification efforts, particularly in secondary Chinese cities, have been crucial in maintaining Thailand’s leadership. Thailand’s strategic initiatives have securely repositioned it at the apex of China’s durian market, Chai noted, pointing out that the average export price for Thai durians escalated to 216 baht per kilogram, a significant rise from the previous year.
Simultaneously, Thai mango exports have witnessed substantial growth. South Korea’s temporary suspension of import duties on Thai mangoes, combined with a domestic shortfall, resulted in a 230% surge in exports.
The Thai government pursues lasting reductions in tariffs on mangoes through the Thailand-Korea Free Trade Agreement (FTA), with initial negotiations expected to commence by mid-2024. Prime Minister Srettha Thavisin has directed relevant agencies to adopt precise operational strategies, assessing and rectifying any deficiencies.
The objective is to refine strategies to reflect current realities and position Thailand as a global leader in agriculture and food production.
Chai emphasized that these figures not only illustrate Thailand’s commanding export lead but also underscore its strategic commitment to bolstering its global agricultural and food market presence, ensuring robust growth and extensive international trade advantages, as reported by Khaosod. As Thailand continues to leverage its agricultural prowess, its strategic market engagements are poised to generate substantial economic dividends.
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