Thailand's exports rose by 15.53% in the first half of the year. Affected by the epidemic, chicken exports fell slightly

Thailand’s China Daily reported on July 25 that Thai Deputy Prime Minister and Minister of Commerce Zhu Lin pointed out that Thailand’s exports in the first half of 2021 totaled US$132.
334 billion, an increase of 15.
53% year-on-year; imports were US$129.
895 billion, an increase of 26.
15%
.
The trade surplus in the first half of the year was US$2.
439 billion
.
If we only look at the monthly increase, the nearly 50% increase in June also broke the record for the past 11 years
.
The rapid recovery of the global economy, especially the economies of major trading partners, and trade growth have enabled Thailand's exports to continue to grow since the beginning of the year, and the growth of exports throughout the first half of 2021 has increased to a high of nearly 16%
.
Almost major export markets have shown a strong recovery momentum and are in line with the overall trend of the global economy
.
With the increase in the proportion of citizens of trading partner countries being vaccinated and the initial end of travel restrictions and the opening of the country's economic benefits, it is believed that the export situation will continue to be good in the second half of the year
.
After the official release of the export data, the Kaitai Research Center readjusted its annual export growth forecast, from the previous increase of 9% to an increase of 11.
5%
.
However, the increase in Thai exports was lower than the 15.
53% average of the region
.

 

　　The good growth in export products was mainly agricultural products and food products, such as fruits and vegetables, rubber, cassava and processed products, and home office supplies such as household appliances and virus prevention products
.
The export markets that performed better were the United States, the European Union, China, Japan, South Korea, and Taiwan
.

 

　　After the domestic epidemic situation has intensified, the outbreak of cluster infections in factories in many places has led to a decline in Thai chicken exports.
Official data shows that the total export volume of Thai chicken and processed products in the first five months of 2021 was 43.
495 billion baht, down 1.
32% year-on-year, and a loss of approximately 5 Billion baht
.
Thailand’s top five chicken export markets, Japan, was 22.
875 billion baht, a decrease of 1.
96%; the UK was 6.
538 billion baht, a decrease of 8.
34%; China was 4.
176 billion baht, a decrease of 9.
08%; the Netherlands was 1.
996 billion baht, an increase of 9.
92%; South Korea was 1.
97 billion baht, an increase of 32.
42 %
.
Zhu Lin is confident that exports will achieve high growth throughout the year.
As estimated by many agencies, Thailand's annual export growth in 2021 is expected to reach double-digit growth
.