Wednesday, November 25, 2020

Thai exports under FTAs, GSP drop almost 15%

Oct 27. 2020
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By The Nation

Thai export revenue from January-July under free trade agreements (FTAs) and the generalised system of preferences (GSP) dropped 14.77 per cent year on year to US$35.421 billion, said Department of Foreign Trade director-general Keerati Rushchano.

Exports under FTAs were worth $32.875 billion, down 15.88 per cent.

Thailand’s top five FTA export markets were China (exports worth $11.152 billion), Asean ($10.798 billion), Japan ($3.890 billion), Australia ($3.426 billion) and India ($1.784 billion).

Thai exports under GSP to the US, Switzerland, Russia and the Commonwealth of Independent States, and Norway during the same period rose 2.61 per cent to $2.546 billion.

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