In June, Thailand'S Exports Shrank By 3.38%, And Its Total Exports Amounted To US $19 Billion 98 Million.

< p > Nopapon, President of Thailand maritime cargo export association, 30, pointed out that in June 2013, Thailand's exports shrank by 3.38%, and its total exports amounted to $19 billion 98 million, which was shrinking for second consecutive months after May 2013. Therefore, exports in 2013 will not perform well.

The reason is that the main trading countries such as China, Japan, the United States and Europe, as well as other ASEAN countries, have seen a slowdown in the economy, and the international agricultural market is also dropping.

It can be reflected from the decrease of the export value of agricultural products, especially the export of rice has shrunk to 18.85%.

< /p >

< p > other products affected include furniture and home decoration, which shrank by 40.58% compared with May 2013, and kitchenware servers shrank by 12.34%.

Thailand's total exports in the first half of 2013 totaled 133 billion 304 million US dollars, an increase of only 0.95%.

< /p >

< p > facing the situation of multiple negative factors in the global economic environment, the Thailand marine cargo export association predicts that the export growth in 2013 may be only 3%, lower than the original 4.92% level at the beginning of the year. In the remaining time of 2013, the average monthly export volume will reach 20 billion 400 million US dollars. If it can not be realized, the annual export growth may be less than 3%. Moreover, the export prospects for the third quarter of 2013 are uncertain, and it is feared that the growth may be below 3%.

< /p >

< p > Nopapon said that it is necessary to acknowledge that the slowdown of China's economy affects the export of Thailand products to the Chinese market, while Thailand's exports to China account for 12% of the total export volume, especially rubber, chemical products, calculators and plastic products. Now it is estimated that the export growth rate to China is only 2%, or the export value is 27 billion 400 million US dollars, which is lower than the 2.4% growth rate in 2012.

< /p >

In the first half of 2013, Thailand's exports to China were negative 3.6%, and its monthly export value was only US $13 billion.

If the government sets a target of 2% growth in export growth to the Chinese market, then the export growth rate in the second half of 2013 will reach 12%, that is, the export value should be no less than 15 billion US dollars.

< /p >

"P > Thailand consultant for export of goods by sea shipping, said that the serious slowdown in exports has had an impact on Thailand's private enterprises, especially small and medium enterprises with low profit margins. They are willing to sell products at a lower price to maintain their operation and to bring liquidity to business operations.

If the problem can not be solved, the export of large enterprises will also face the same predicament in the future.

Therefore, the government should carefully listen to the analysis of the causes of the slowdown in exports and the reflection of the most serious impact on the industry, so as to effectively solve problems and provide support.

< /p >