The Ministry of Commerce reports that the value of Thai goods exported to the Middle East has continued to grow for a second month at 2.9 percent, with health products being the most popular item. However, the ministry has suggested exporters carefully manage risks presented by exchange rate fluctuations.
The Department of International Trade Promotion’s (DITP) Director General Somdet Susomboon, revealed today that the Middle East has become an important market for Thai exports, despite tension in the Gulf of Persia. Fresh and processed farm products, food, motor vehicles, and air conditioners now have great sales potential in this market, as trading partner countries such as Qatar and Bahrain are confident of the quality of Thai products, and have placed successive orders.
Key products exhibiting growth include vehicles and parts, air conditioning units, white sugar, processed seafood, and computers. Processed seafood from Thailand is of particular interest to many countries including those of the Middle East, along with health products which have proven to be popular in this region.
The DITP chief has suggested exporters be cautious of risks in currency exchange rates and increasing fuel prices. Exporters can seek more information by visiting the DITP website www.ditp.go.th, or calling the DITP hotline 1169.