Forums » Discussions » Commerce reveals the first 2 months of '64 Thai FTA and GSP rights increase by 5.77%.
Mr. Kirati Rachano, Director-General of the Department of Foreign Trade Ministry of Commerce Disclosed the use of export benefits under the Free Trade สล็อตทดลองเล่น Agreement (FTA) and under the General Special Tariff System (GSP) in January-February 2021 with an exercise value of US $ 10,504.50 million. The exercise ratio was 69.76% divided into the value of the benefits under the Free Trade Agreement (FTA) US $ 9,948.70 million. And the value of benefits under the General Special Tariff System (GSP) US $ 555.80 million. Overall, the use of benefits during the first 2 months of 2021 grew by 5.77%. Utilization under the Free Trade Agreement (FTA) in January - February 2021 was $ 9,948.70 million. Increased compared to the same period of the previous year by 4.86% with a 70.14% exercise ratio, with the top five exporting markets of Thailand with the highest exercise value under FTAs as follows:
ASEAN (valued at $ 3,607.55 million) China (valued at $ 2,868.49 million) Australia ($ 1,222.96 million) Japan ($ 1,013.45 million) India ($ 718.76 million)
The top five free trade agreements are as follows:
ASEAN-China (82.97%) ASEAN-Korea (81.68%) Thailand-Peru (79.39%) Thailand-Chile (78.02%) Thai-Japanese (74.87%) Use of benefits under the four general preferential tariff systems or GSPs, United States, Switzerland. Russia and CIS and Norway in January - February 2021 have an exercise value of US $ 555.80 million. Increased 25.30% compared to the same period of the previous year and 63.60% exercised. The export market where Thailand had the most exercise value was the United States, with an increase of US $ 493.29 million, an increase of 35.14. % And has 66.79% exercise ratio. The second is Switzerland. The exercise value was US $ 37.80 million, a decrease of 23.16% and the exercise ratio of 36.94%. The exercise value is US $ 19.79 million, down 20.18% and the exercise ratio is 67.62%, and Norway has the exercise value of US $ 4.93 million, an increase of 7.41% and has a 100% exercise ratio for goods. Exports with high usage of rights such as rubber gloves, air-conditioning components Flavored food Canned pineapple Flavored fruit A mixture of fragrant substances used in the manufacture of food or beverages