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One year after RCEP, the trade between Thailand and its members increased by 7.11%

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(@mckenzie)
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According to Thai media reports, Anucha, a spokesman for the Office of the Prime Minister of Thailand, revealed that it has been one year since the Regional Comprehensive Economic Partnership Agreement (RCEP) came into force and implemented, bringing Thailand and ASEAN, China, Japan, South Korea, Australia and New Zealand together. The trade between Thailand and Thailand increased by 7.11% compared with the previous year, and the trade volume reached 10 trillion baht, of which Thailand exported 4.8 trillion baht to RCEP members and imported 5.7 trillion baht. Anucha said that under the RCEP agreement, South Korea, China and Japan benefited the most from Thailand's exports. The commodities are mainly lubricating oil, canned tuna, cassava products and durians, etc.; while China, China and Japan benefited the most from imports. South Korea and Japan mainly import man-made fibers, plywood, machine parts and fresh grapes and raisins. Anucha said that Prime Minister Prayuth was pleased with this, and said that the agreement has 15 members participating, accounting for 30% of the world's total population, which has greatly increased the opportunities for import and export between Thailand and various members, and is also the first choice for Thai products. competitive potential.


   
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