August 2019 Thailand Bangkok International Agricultural Exhibition

2018-11-13 15:49:51 admin 66

Thai Agricultural Exhibition AGRITECHNICA ASIA is sponsored by VNU Exhibition Group Asia Pacific Company (jointly organized by VNU European Exhibition Group and Thai TCC Exhibition Co., Ltd.) and will be held in Bangkok International Trade Exhibition Center (BITEC). The exhibition has received strong support from the Ministry of Agriculture of the Netherlands, the Ministry of Agriculture and Cooperation of Thailand, the Ministry of the Interior, the Ministry of Industry, the Ministry of Science and Technology and the Ministry of Commerce. The exhibition covers not only horticulture, flowers, but also products, equipment and technology of the whole supply chain, such as vegetables, fruits and pesticides, reflecting the characteristics of "big horticulture". The exhibition aims to provide an excellent business and academic platform for the floricultural and horticultural industries in Southeast Asia, share new and innovative products, technologies and industry trends in the horticultural industry in the region, and initiate warm exchanges and communication on the achievement of international trade.

market analysis

As one of the traditional agricultural countries in the ASEAN countries, Thailand has cultivated land area of 38% of the total land area. It is an important grain producing area in the world, and the cultivation of other cash crops is quite developed. However, with the development of Thailand's economic situation, labor shortage has become a key issue in agricultural production, which will inevitably lead to an increase in demand for agricultural machinery. Secondly, with the establishment of the China-ASEAN Free Trade Area, on the one hand, it facilitates China's export of agricultural machinery to ASEAN countries; on the other hand, it also enlarges the export volume of agricultural products of ASEAN countries, stimulates the agricultural development of ASEAN countries, thus strengthening the application of agricultural mechanization. With 80% of the population engaged in agriculture, Thailand enjoys the reputation of "granary in Southeast Asia", and is the only net food exporter in Asia and one of the world's major food exporters. Agriculture plays an important role in the economic and social structure of Thailand.

Thailand is the world's leading exporter of rice and cassava, whose main agricultural products are rice and cassava, accounting for 25% and 85% of the world's total exports, respectively. 60% of agricultural income comes from crops, and the rest comes from aquaculture, animal husbandry, rough processing of agricultural products and agricultural services. According to Thai Customs statistics, in January-February 2017, Thailand's import and export of goods amounted to 69.32 billion US dollars, an increase of 7.2% over the same period last year (the same below). Among them, exports amounted to 35 billion 650 million US dollars, an increase of 2.6%, and imports of US $33 billion 670 million, an increase of 12.7%. The trade surplus was 1 billion 990 million US dollars, down 59.3%. In the month of February, Thailand's imports and exports amounted to US $35 billion 550 million, an increase of 6.1%. Among them, exports of 18 billion 460 million US dollars, down 3.8%; imports 17 billion 90 million US dollars, an increase of 19.2%. The trade surplus was 1 billion 370 million US dollars, down 71.8%. In 1-2 months, bilateral imports and exports of Thailand and China amounted to US $10 billion 910 million, an increase of 10.1%. Among them, Thailand's exports to China amounted to US$4.44 billion, up 32%, accounting for 12.5% of Thailand's total exports; Thailand's imports from China amounted to US$6.47 billion, down 1.1%, accounting for 19.2% of Thailand's total imports. The Thai trade deficit was 2 billion 20 million US dollars, down 36.2%. As of February, China was Thailand's largest export market and import source, and Thailand's largest trading partner.

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