Exports of Thai mangoes have more than doubled in the first three months

[snoop1130]

 

Thailand experienced a significant rise in exports in the first quarter of this year. Sales of fresh mangoes soared by a massive 130% to reach a total of around 1.6 billion baht, compared to the same period last year. Meanwhile, exports of sticky rice also rose by 13% equaling around one billion baht.

 

Chotima Iemsawasdikul, head of the Trade Negotiations Department, remarked that the recent review by the TasteAtlast website, which rated Thai mango sticky rice as the world's second-best rice pudding, has further boosted the dish's global popularity. This presents a great opportunity for Thai exporters to expand their business using the Free Trade Agreements (FTAs) Thailand has established with countries like ASEAN, China, Japan, South Korea Australia, New Zealand, India, Chile, Peru, and Hong Kong.

 

Thailand is a major player in the mango and sticky rice export fields, ranking fifth in mango exports and second in sticky rice exports worldwide.

 

Chotima added that only Laos and Cambodia from the nine ASEAN countries apply a 5% import tax on Thai mangoes. China, Japan, Hong Kong, Australia, New Zealand, India, Chile, and Peru don't tax imports, while South Korea levies a 24% tax. On the other hand, countries like Australia, New Zealand, Hong Kong, Laos, Cambodia, Singapore, Brunei, and Chile don't charge tax on Thai sticky rice. But China has reduced the import tax to 50%, while Indonesia and Malaysia apply 30% and 32% tax respectively.

 

The tax-free frozen ready-to-eat mango sticky rice from Thailand is exported to 16 countries.

 

File photo for reference only. Courtesy of Google

 

-- 2024-05-17

 

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