Thailand Said Thai Exports To China Accelerated

Recently,

The center said that in February, Thailand's imports from China grew by only 6.9% year-on-year.

The increase in exports to China is far greater than the increase in imports. Therefore, Thailand has achieved its trade surplus with China for the first time in a year, with a balance of 254 million 500 thousand US dollars, a record high of Thailand's trade surplus with China.

In the past few years, the center believed that the substantial increase in trade between Thailand and China in the past few years was also due to the rising prices of bulk commodities, but also thanks to the complete completion of the ASEAN China Free Trade Area in January 1st last year, as well as the advantage of many Thailand operators in making use of the logistics channel connecting the Thai capital.

The center also analyzed the main commodities exported to China by Thailand, taking rubber as an example. The price of rubber in Thailand dropped sharply in March. The reason is that China's market continues to be weak after the Spring Festival, among which Chinese traders wait for market prices and use rubber stocks to suspend purchases of new goods. Secondly, the turmoil in North Africa and the Middle East has led to soaring oil prices, causing the market to worry about the global economy and the recovery prospect of the automobile industry, and ultimately affect the market demand for rubber.

For the rest of the year