2023-05-03 03:32:04
The Department of Foreign Trade reveals the number of benefits from the FTA agreement in January-February 23. Overall Thai exports continued to exercise rights, with a total value of US$ 11,819.49 million. As for the ASEAN market, it still ranks first, followed by ASEAN-China, Thailand-Japan, Thailand-Australia. ASEAN-India and under the RCEP framework has a total exercise value of US$ 195.16 million.
Ron Ron Poonphiphat, Director-General of the Department of Foreign Trade. Revealing the use of trade privileges for exports under the Free Trade Agreement (FTA) in January-February 2023, amounting to 12 copies, with a total value of US$ 11,819.49 million. representing a ratio of 74.52% of the exercise of the warrants. In January-February 2023, there will be pressure from the global economic slowdown and the baht appreciation. But Thai entrepreneurs can still gain trade advantages by exercising FTA rights to export various products. to reduce export costs as well coupled with increasing demand for products in many countries Especially China, which began to open the country following the COVID-19 epidemic situation subsided. High from many frameworks of the agreement, including vehicles for transporting goods with a total vehicle weight of no more than 5 tons and sugar (ASEAN framework), synthetic rubber products mixed with natural rubber, cassava and fresh durian (ASEAN-China framework), cars and vehicles. other (with diesel engine) or semi-diesel) and passenger vehicles of 2,500 cc or more (Thai-Australian frame), etc.
For the FTA framework that has the highest exercise value, the top 5 are: No. 1 ASEAN Free Trade Agreement (valued at $ 4,685.08 million), with a exercise ratio of 72.86%, which is the highest exercise of export rights to Indonesia. worth $ 1,338.74 million, Malaysia worth $ 1,163.97 million, Vietnam worth $ 999.15 million and the Philippines worth $735.02 million. For important products with a high usage value and the expansion of the usage of the license, such as vehicles for the transportation of goods (up to 5 tonnes), sugar, passenger cars (1,500 – 3,000 cc), and petroleum and other bituminous oils, etc.
Ranked 2, the ASEAN-China Free Trade Agreement (ACFTA) (valued at $ 2,860.90 million), with a 86.53% exercise ratio, with important products with a high exercise value and expansion of the exercise. such as synthetic rubber products mixed with natural rubber, cassava, fresh durian, starch made from cassava, fresh fruits (longan, lychee, rambutan, etc.), etc.
Ranked 3, the Thailand-Japan Economic Partnership Agreement (JTEPA) ($ 1,070 million), with a 79.21% exercise ratio, with important products with a high exercise value and expansion of exercise, such as meat. Seasoned Chicken and Chicken Offal frozen chicken meat dextrin and modified starch, shrimp paste, ethylene polymer sacks and bags, etc.
Ranked 4, the Thai-Australia Free Trade Agreement (TAFTA) ($941.92 million), with a 67.60% exercise ratio, with important products with high exercise value and expansion of the exercise, such as cars. and other vehicles (with diesel engine) or semi-diesel), passenger vehicles of 2,500 cc or more and 1,000 – 1,500 cc of flavored tuna and components of air conditioners, etc.
Ranked 5, the ASEAN-India Free Trade Agreement (AIFTA) ($821.98 million), with a 66.61% exercise ratio, with important products with a high exercise value and expansion of the exercise, such as Copper wire, organo-in organic compounds Polymers of vinyl chloride or of halogenated olefins. in other primary ways and aluminum foil with a thickness of not more than 0.2 millimeters, etc.
In addition to exercising the right From the above agreement The rights are also exercised. According to other framework agreements, including the ASEAN-Korea Free Trade Agreement (AKFTA) ($547.84 million), accounting for 61.44% of the exercise ratio and the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). ) Exported to Australia (valued at US$ 465.20 million), accounting for 33.38% of the exercised rights.
For the RCEP agreement in January-February 2023, there were exports to 10 countries, namely Japan, China, Korea, Australia, Singapore, New Zealand, Malaysia, Vietnam, Indonesia and Myanmar, with a total exercise value of US$ 195.16 million, an increase of 452.24% compared to same period in the previous year The main export products under the RCEP agreement are lubricants. canned tuna cassava chips, spark plugs, flocks, textile powders and milnaps, etc. If entrepreneurs have any questions regarding the use of trade privileges, they can search for information at the Department of Foreign Trade website. www.dft.go.th Or call the hotline 1385, including the application line, account name “@gsp_helper”.
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