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Thailand’s exports under RCEP rise by over 200 percent in February

Thailand’s exports have risen by more than 200 percent in the second month since the Regional Comprehensive Economic Partnership (RCEP) came into effect, with total exports of 1.16 billion baht (35 million USD) in the first two months.
Thailand’s exports under RCEP rise by over 200 percent in February ảnh 1At a temple in Chiang Mai, Thailand. (Photo: AFP/VNA)
Bangkok (VNA) – Thailand’sexports have risen by more than 200 percent in the second month since theRegional Comprehensive Economic Partnership (RCEP) came into effect, with totalexports of 1.16 billion baht (35 million USD) in the first two months.

Pitak Udomwichaiwat, Director-Generalat the Department of Foreign Trade, said the value was estimated fromapplications by exporters seeking to exercise their rights under the RCEPagreement.

From January 1, when the RCEP agreementtook effect, until February 28, Thai exporters had sought certificate of thecountry of origin for RCEP exports valued at a total of 1.16 billion baht.

Pitak said exporters sought thecertificate for RCEP exports worth 277.84 million baht in January, but theamount rose to 887.67 million baht in February.

The biggest value of Thai exports forwhich the certificate was sought under RCEP was to Japan, totalling 540.36 millionbaht. Most of the exported goods were canned fish, followed by cannedvegetables and textiles.

China was the second highest importer ofThai goods under RCEP at 453.95 million baht and the Republic of Korea wasthird with export value of 171.21 million baht.

Pitak said vegetables and fruit were thebiggest category of goods that Thai exporters sought the certificate of originfor under the RCEP agreement, followed by tapioca, longan, durian and coconuts./.
VNA
#Thailand’s exports #Pitak Udomwichaiwat #RCEP #vietnam news agency #vietnamplus Thailand
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