BANGKOK, 23 July 2012 -The Department of International Trade Promotion (DITP) is reportedly changing its approach in order to increase Thai exports as they have declined in the EU market.
DITP Director Mrs. Nantawan Sakultanak said exports from Thailand to the European Union have declined by 11% or 9 billion US dollars during the first five months of this year compared to the same period in 2011.
The exports to Germany, the 3rd largest EU importer of Thailand, has evidently been dropping. The country imports computers, jewelries, rubber products and garments from Thailand each year. France, on the other hand, has also been importing similar items from Thailand except for equipment and parts.
The decline, which is the result of the Euro debt crisis, has prompted the DITP to devise a new approach in pushing up export volumes overseas. The report stated that trade representatives from Thailand will be traveling to various nations to promote Thai products and encourage Thai businesses to expand abroad. For more information please call the DITP hotline at 1169 or visit www.ditp.go.th
