Thailand Seeks to Boost Agricultural Exports to US Amidst Global Trade War
Thai officials believe that a trade surplus with the US can be maintained despite the ongoing trade war, with Dr. Chanin Chalisaraphong, Vice Chairman of the Thai Chamber of Commerce, predicting a growing agricultural and food export revenue of 4 trillion baht within 7 years. The country aims to increase its agricultural and food exports, with a target of 2 trillion baht for last year and this year, despite the challenges posed by the COVID-19 pandemic and economic problems. Dr. Chanin also emphasized the importance of research and development in the livestock sector, citing the ongoing issue of foot-and-mouth disease.
Key Takeaways:
- Dr. Chanin Chalisaraphong, Vice Chairman of the Thai Chamber of Commerce, predicts that Thailand's agricultural and food export revenue will grow to 4 trillion baht within 7 years.
- The country aims to increase its agricultural and food exports, with a target of 2 trillion baht for last year and this year, despite the challenges posed by the COVID-19 pandemic and economic problems.
- Dr. Chanin emphasizes the importance of research and development in the livestock sector, citing the ongoing issue of foot-and-mouth disease.
- The Thai Chamber of Commerce is working with the Ministry of Commerce and the BOI to promote the potential of SMEs throughout the Thai supply chain.
- Dr. Chanin believes that Thailand can achieve its 4 trillion baht food export target within 7 years if the government is determined and the private sector is ready to cooperate.
- Thailand's agricultural and food exports to the US are expected to increase to 12 billion US dollars or about 4 trillion baht if the market is truly opened.
Statistics:
- Thailand's current agricultural and food exports to the US are around 200 billion baht.
- Dr. Chanin predicts an increase in agricultural and food exports to the US of 100 billion baht within 5 years.
- Thailand's agricultural and food export revenue currently stands at approximately 1 trillion baht.
- The country's target for agricultural and food exports for last year and this year is 2 trillion baht.
- Dr. Chanin predicts that Thailand's agricultural and food export revenue will grow to 4 trillion baht within 7 years.
Sources:
- (Thai News Agency, 18 Jul 2025)
- Dr. Chanin Chalisaraphong, Vice Chairman of the Thai Chamber of Commerce.