Frequent question: What is Thailand known for exporting?

What does Thailand specialize in?

Rice is the major crop grown and Thailand is the world’s biggest rice exporter. Other crops grown in the country include: rubber, sugarcane, cassava, fruit, cashew nuts, corn, tobacco, cotton, cocoa, peanuts, soybeans, medical plants, dairy, and fishery products.

What are Thailand Major imports and exports?

Top 10

  • Electrical machinery, equipment: US$43.5 billion (20.8% of total imports)
  • Mineral fuels including oil: $28.8 billion (13.8%)
  • Machinery including computers: $26 billion (12.5%)
  • Vehicles: $9.5 billion (4.6%)
  • Iron, steel: $9.3 billion (4.5%)
  • Plastics, plastic articles: $8.6 billion (4.1%)

What does Thailand export to us?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($2.5 billion), electrical machinery ($2.3 billion), machinery ($1.1 billion), vehicles ($755 million), and optical and medical instruments ($606 million).

What food does Thailand export?

Thailand is the world’s largest exporter of tapioca products, rubber, frozen shrimp, canned tuna, and canned pineapple. Combined, rice, cassava, rubber, sugar, corn, and palm oil account for around three-quarters of the market value of Thai agriculture.

Who is the richest farmer in Thailand?

Khun Chearavanont wealth of USD 9.8 billion is largely down to his agribusiness conglomerate. Starting out with his brother by supplying seeds to Thai farmers that were imported from China, today he now owns one of America’s largest frozen food firms. Next in line is Vichai Srivaddhanaprabha.

IT IS AMAZING:  Is roof deck included in floor area Philippines?

What is Thailand’s number 1 export?

Searchable List of Thailand’s Most Valuable Export Products

Rank Thai Export Product 2020 Value (US$)
1 Gold (unwrought) $13,202,753,000
2 Computers, optical readers $11,692,037,000
3 Cars $8,221,905,000
4 Integrated circuits/microassemblies $7,101,079,000

What is Thailand’s biggest industry?

Exports and tourism are the main drivers of Thailand’s growth. The tourism sector grew by 7.5% in 2018 while exports saw a 7.2% growth. Its key exports are automotive and electronic goods, as well as agricultural products such as rice, rubber, sugar and tapioca.

What are the top imports of Thailand?

Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent.

What does Thailand import the most?

Imports: The top imports of Thailand are Crude Petroleum ($18.3B), Integrated Circuits ($8.5B), Petroleum Gas ($7.09B), Vehicle Parts ($6.15B), and Gold ($5.12B), importing mostly from China ($45.7B), Japan ($28.9B), United States ($13.7B), Malaysia ($13B), and Singapore ($9.03B).

What can I export from India to Thailand?

Major exports by India to Thailand are in the following sectors : Fresh aquatic animals, chilled, frozen, processed and instant, Electrical machinery and parts, Medicinal and pharmaceutical products, other metal ores, metal waste scrap, and products, Vegetables and vegetable products, Chemicals, Jewellery including …