1. What is the total value of China's exports to Thailand in 2024?
According to data from Huajing Industry Research Institute, the total value of China's exports to Thailand from January to July 2024 was $48.256 billion, an increase of $3.879 billion compared to the same period last year, representing a year-on-year growth of 9.8%. According to CEIC Data, Thailand's total exports to China in August 2024 reached $2.990307 billion, an increase from $2.946883 billion in July. Based on these data, it can be estimated that China's total exports to Thailand in 2024 may exceed $60 billion, but the exact figure will need to be calculated based on monthly data for the entire year.
2. What are the main products China exports to Thailand?
China exports a wide variety of products to Thailand, covering multiple sectors, with the main product categories including:
1. Electrical and mechanical products: These are among the most important goods China exports to Thailand, including electronic devices, machinery, and their components. These products are crucial for Thailand's manufacturing and infrastructure development.
2. Base metals and their products: Base metals and their products are also an important category of goods China exports to Thailand, including steel products and non-ferrous metals.
3. Chemical products: Chemical products hold a significant place in China's exports to Thailand, including chemical raw materials, fertilizers, and plastics.
4. Optical products and cables: China also exports optical products and cables to Thailand, which have widespread applications in Thailand's communication and electronics industries.
5. Textiles and raw materials: Textiles and raw materials are traditional export products of China, including clothing, fabrics, and yarns.
6. Furniture, toys, ceramics, and glass: These labor-intensive products have a comparative advantage for China over other countries, making them important export items to Thailand.
7. New energy vehicles and high-tech products: With the increasing competitiveness and strength of China in the high-tech sector, new energy vehicles and high-tech products have also become export items to Thailand.
8. Agricultural products: Although Thailand is an agricultural country, some specialty agricultural products from China, such as fruits and vegetables, also have a share in the Thai market.
9. Medical devices: Including dental diagnostic equipment, the demand for medical devices from China in Thailand is increasing.
10. Automatic data processing equipment and components: With the development of Thailand's digital economy, the demand for automatic data processing equipment and components from China is also growing.
As Sino-Thai economic and trade relations continue to deepen, it is expected that the structure of China's exports to Thailand will continue to optimize and upgrade.
As a professional international air freight agent, Unitex operates multiple air routes from Guangzhou/Shenzhen/Shanghai/Beijing to Thailand, providing high-quality international air freight services to a wide range of Thai exporters. Welcome to consult at any time!