Post by account_disabled on Feb 28, 2024 2:11:20 GMT -8
Export in November 2020 Continuously recovering, decreasing only 3.65%, the lowest contraction in the year. After the world economy recovers There is an order for additional products. And there is good news about the COVID-19 vaccine. Helps stimulate production and consumption while food and related products work at home. And products that prevent infection are still growing well, making a total of minus 6.92% for the first 11 months. Confident that the whole year will be lower than expected at minus 7%. For 2021, it is estimated to be plus 4%, with economic support. World trade is recovering, there is a vaccine, oil is improving. Ms. Pimchanok Wonkorphon, Director of the Office of Trade Policy and Strategy (TNOC), revealed that Thai exports in November 2020 were worth 18,932.66 million US dollars, a decrease of 3.65%, the lowest contraction in 2020, when exports had previously been negative.
This is considered a good sign for Thai exports that are slowly recovering. Imports Portugal Phone Number were valued at 18,880.07 million US dollars, a decrease of 0.99%, which is a good signal for exports. Because there has been an increase in imports of raw materials and machinery. with a trade surplus of 52.59 million US dollars While total exports for the 11 months of 2020 (Jan.-Nov.) were worth 211,385.69 million USD, a decrease of 6.92%, imports were worth 187,872.73 million USD, a decrease of 13.74%, with a trade surplus worth 23,512.96 million. US Dollar For the factors that make exports recover better comes from the recovery of the world economy There has been an increase in product orders as many countries have measures to stimulate the economy. And there is good news from progress on the COVID-19 vaccine. It creates confidence in production and consumption. It also benefited from product groups that expanded well in 3 main groups: food, products related to working at home and electrical appliances. and products related to infection prevention and reduction of spread .
However, products in the agricultural and agro-industrial products group Exports were better, decreasing by only 2.4%. There were increases and decreases in exportable products. by increased products such as rubber, pet food Rice returned for export has increased. Cassava products Food seasonings, fresh, frozen, canned and processed vegetables, fruits and decreased products such as sugar, canned and processed frozen seafood, beverages, fresh frozen and processed chicken. Industrial products decreased by 2.9%, products that expanded well such as automobiles, equipment and components, rubber products, microwave ovens and electrical appliances. Telephone equipment and components Washing machine and components Air conditioners and components furniture and parts and decreased products such as oil-related products computer Equipment and components Gems and accessories, cosmetics, soaps and acne treatment products.
This is considered a good sign for Thai exports that are slowly recovering. Imports Portugal Phone Number were valued at 18,880.07 million US dollars, a decrease of 0.99%, which is a good signal for exports. Because there has been an increase in imports of raw materials and machinery. with a trade surplus of 52.59 million US dollars While total exports for the 11 months of 2020 (Jan.-Nov.) were worth 211,385.69 million USD, a decrease of 6.92%, imports were worth 187,872.73 million USD, a decrease of 13.74%, with a trade surplus worth 23,512.96 million. US Dollar For the factors that make exports recover better comes from the recovery of the world economy There has been an increase in product orders as many countries have measures to stimulate the economy. And there is good news from progress on the COVID-19 vaccine. It creates confidence in production and consumption. It also benefited from product groups that expanded well in 3 main groups: food, products related to working at home and electrical appliances. and products related to infection prevention and reduction of spread .
However, products in the agricultural and agro-industrial products group Exports were better, decreasing by only 2.4%. There were increases and decreases in exportable products. by increased products such as rubber, pet food Rice returned for export has increased. Cassava products Food seasonings, fresh, frozen, canned and processed vegetables, fruits and decreased products such as sugar, canned and processed frozen seafood, beverages, fresh frozen and processed chicken. Industrial products decreased by 2.9%, products that expanded well such as automobiles, equipment and components, rubber products, microwave ovens and electrical appliances. Telephone equipment and components Washing machine and components Air conditioners and components furniture and parts and decreased products such as oil-related products computer Equipment and components Gems and accessories, cosmetics, soaps and acne treatment products.