Thailand’s Commerce Ministry aims for 4% growth in the volume of fresh and processed fruit exports this year. According to Commerce Minister Phumtham Wechayachai, the Ministry is optimistic about fruit exports, anticipating a 4% increase in both volume and value for shipments of both fresh and processed fruits. This growth is expected to reach 4.19 million tons and 300 billion baht.
Exports of fresh fruits alone are expected to rise by 4% in volume to 2.1 million tons, with the value anticipated to increase by 5% to 175 billion baht. Key markets include China, which receives 75% of the total exports, followed by the US, Malaysia and Hong Kong.
Thailand shipped fresh and processed fruit exports worth 284 billion baht in the first 11 months of 2023, with fresh fruit making up 178 billion baht, up 27% year-on-year, frozen and dried fruit at 50.1 billion baht, up by 25.2%, and processed fruit at 56.3 billion baht, down by 10.4%.
[ 10 baht = €0.26 ]
Source: bangkokpost.com