The Department of International Trade Promotion (DITP) reveals agricultural and processed agricultural products in Thailand. have the opportunity to export to the United States after the US Department of Agriculture It is expected that trade in agricultural products this year will increase imports, including fruits, vegetables, sugar, tropical agricultural products.

Mr. Phusit Rattanakul Sereereungrit Director-General of the Department of International Trade Promotion (DITP) revealed that according to the policy of Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce. that has been assigned to the Department Continue to explore opportunities and opportunities to export Thai products to other countries. Recently received information from Mr. Niwat Hansawat, Director of the Office of Foreign Trade Promotion in Los Angeles. of U.S. agricultural trade forecasts in fiscal 2023 and opportunities for agricultural exports. Thai processed agricultural products enter the US market. The Commerce Attaché of Los Angeles provided additional information that in fiscal year 2023, the US Department of Agriculture It is expected that the global economy and the appreciation of the dollar Will affect international trade for US agricultural products. The United States will export agricultural products 1. 9 hundred billion US dollars Major exports that will fall include soybeans, cotton, corn and rice, while beef, poultry and wheat will increase, while imports valued at $200 billion include fruits, fresh vegetables, vegetable products, sugar and tropical agricultural products. to coffee, cocoa, meat, milk, eggs and poultry, grains and feed vegetable oil seeds They are imported from Canada, Mexico, the European Union and Asia.

There is also information that United States Department of Agriculture It identified variables influencing international agricultural trade in fiscal year 2023, including the war between Ukraine and Russia; consumption in the Chinese market The pressure comes from the competition of countries in South America with better agricultural output than the United States. logistics within the United States There are challenges as the Mississippi River, which is a major agricultural export route, is extremely low in water. causing the water transportation to be jammed and a shortage of cargo truck drivers. Inflation around the world and interest rate hikes That resulted in the dollar rising. reduce the competitive power of the United States In the global trade market and making US products more expensive, but imported goods are cheaper, supporting the growth of imports. Climate change in the United States with droughts, wildfires and hurricanes in the US agricultural region has resulted in a decline in agricultural output, especially citrus and cotton.

“The US Department of Agriculture estimates that 75 percent of the fruit and nearly half of the vegetables consumed in the United States are imported, providing agricultural export opportunities. and processed agricultural products from Thailand to the United States Because the United States is comprised of people from many ethnic groups, the population growth rate is high. And this group of consumers creates demand for exotic food products of different nations and influences interest and consumption among Mass.Market consumers, making the United States a high-potential import market for a variety of agricultural products and products. Although the current Eat.Local trend of agricultural products is gaining momentum which if the exporter sticks to the market And plan to export well to expand the export market of agricultural products better. Interested persons can contact for more information at Department of International Trade Promotion (DITP), Ministry of Commerce www.ditp.go.th or international trade direct line, call 1169, ”said Mr. Phusit.

Source: Thai News Agency