Kun Ming Aug 18- Department of International Trade Promotion Bring Thai exporters to join TOP Thai Brands Kunming 2023 after the COVID has subsided in Kunming, Yunnan Province, People's Republic of China. I'm delighted that Chinese people are interested in Thai products. Confident throughout the 5-day event, sales of more than 60 million baht, reiterating the new Memorandum of Understanding on Trade Cooperation or Mini FTA (Mini FTA) with Yunnan Province will be a gateway for Thai products to enter the market. more Preparing a plan to penetrate the market and wait for the new government to consider boosting export sales throughout the year to be positive.

Mr. Phusit Rattanakul Sereereungrit Director-General of the Department of International Trade Promotion (DITP) said that during August 16-18, the Department brought Thai entrepreneurs. Participated in the 7th China-South Asia Expo under the trade fair “Best Thai brand Stepping into the world" or "TOP Thai Brands Kunming 2023" in which the area of the Thai booth in the Southeast Asia Pavilion At the Dianchi International Convention and Exhibition Center, Kunming City, Yunnan Province, People's Republic of China, there are 38 Thai products entrepreneurs in the food and beverage group. textiles and fashion home furnishings, health and beauty, join the exhibition to introduce Thai products to be known more Including being able to sell to the buyer-importer country

However, it has been reported that many Chinese people from Yunnan Province have come to visit the exhibition in the Thai booth each day, not less than a small number, and choose to buy products that Thailand has displayed for each item. Some stores have remembered sold out within that day Which now shows that the Chinese people started to come out to spend after experiencing the COVID-19 outbreak 3 years ago without organizing the event But after this year, I was able to come back to organize the exhibition again from the lighter Covid. Yunnan people came out to buy products from Thai products that received a lot of attention, including fresh fruits, dried fruits, ready-to-eat foods, Thai massages, and herbal groups. which are made into inhaler products, massage oils and balms, as well as 20 Thai product importers

However, the China-South Asia Expo is an important international trade fair. and the largest in Yunnan Province Which has potential and economic strength. In the past year 2022, the GDP value was over 2.8 billion yuan, an increase of 4.3%, which is higher than the overall economic growth rate of China at 3%. Top Thai Brands Kunming 2023 is the first at the Ministry of Commerce Come back to organize a full offline event. since China opened the country And cancel the Zero Covid measures, which is expected to organize this event. It will create a trade value of about 60 million baht. There are also plans to organize TOP Thai Brands events twice a year in Dhaka, Bangladesh and at Bangalore city, India

In addition, there is also a cooperation agreement between the Thai private sector. and Yunnan, along with another 2 counterparts, Far E Logistics Company of Thailand and Yunnan Meng Chi to jointly trade in the form Import-export trading through e-commerce channels or Cross Border E-Commerce, which will import a variety of Thai products. Starting from Thai rice, it is expected that within the first year, the trade value will be more than 200 million baht. Udon Thani Industrial Estate with Yunnan Tengjin, a state-owned enterprise and Yunnan's leading logistics company China-Laos railway line to find ways to reduce logistics costs Increase alternatives to transport goods by rail. at a price similar to land transport routes The Department is confident that the Chinese market is a trading market that is very important to Thai trade and investment.

However, if you look at the trade value between Thailand and China in 2023, you are still confident that there is a chance of growth of not 1% or a total value of more than $ 35,000 million, so now you need to monitor and listen to the new government's policies. and the new Minister of Commerce But on the part of the Ministry of Commerce, it has to speed up the plan to push exports in the target market. to wait for the new government to penetrate and penetrate more markets especially Central Asia which has many more opportunities Including having a plan to support it and other target markets including the Middle East, South Asia and China that need to be intensively processed.

“Even though this year, there are still many factors affecting exports that are not doing well. but the Ministry of Commerce The export target is still at 1-2% because of the assessment with the private sector in many product groups. also confirmed each product group there is a continuous order should be able to export positive Therefore, the export situation must be monitored in the second half of the year again, ”said Mr. Phusit. .-Thai News Agency

Source: Thai News Agency