The agreement on the free trade zone has driven the import and export of Thai rubber and products to grow strongly
the Thai rubber and rubber products industry has come out of the recession caused by the automotive industry in 2009. In the first half of this year, the export of Thai rubber and rubber products showed a strong recovery momentum
according to the data provided by the Thai organization Taihua farmer research center on the 3rd, in the first half of this year, Thailand's rubber exports reached more than US $3.5 billion, an increase of 109.2% year-on-year; The export volume of rubber products was more than 30.1 billion US dollars, an increase of 57.3% year-on-year
according to the analysis of the center, since the second half of last year, an important supporting factor driving the growth of Thailand's rubber and rubber products industry is that China reduced the import tariffs of rubber products in 2010 in accordance with the China ASEAN Free Trade Area Agreement, which prompted Thai exporters to adjust their operations in the second half of last year and turn to the production of composite rubber (primary processed rubber) as a substitute for rubber strips, This factor has also become a factor supporting the export growth of rubber and rubber products in Thailand this year
at the same time, other free trade area agreements include the ASEAN Free Trade Area Agreement, the ASEAN Japan free trade area agreement, the ASEAN South Korea Free Trade peek, which constitute exactly the same two component area agreements in the device, the ASEAN Australia Free Trade Area Agreement and the ASEAN New Zealand Free Trade Area Agreement, all of which help to promote the export growth of Thai rubber and rubber products. In China, the United States, Japan, South Korea and other countries, the loading speed of the electronic universal testing machine is generally an adjustable recovery, which promotes the demand growth of rubber and rubber products, and is also conducive to the export of Thai rubber and rubber products. It has brought confidence to extruder enterprises
according to analysis, in addition to helping to promote the export of Thai rubber and rubber products, the free trade zone agreement has also driven the import growth of Thai rubber and rubber products this year, and has a good record in terms of performance and Sustainability. In the first half of this year, the import of rubber and waste rubber in Thailand increased by 134.6% year-on-year, reaching 417 million US dollars; Imports of rubber products increased by 65.3% year-on-year to US $420million
according to the information provided by the center, after the ASEAN free trade agreement came into force on January 1, the import tariff of cars in the free trade zone fell to zero, and the exports of Thai cars to ASEAN were significantly benefited, especially the exports of passenger cars to ASEAN increased significantly. It is estimated that the total export value of Thai cars to ASEAN this year is expected to reach US $3.3 to 3.4 billion, an increase of 86 to 91% year-on-year
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