Thai delegation to visit Saudi next monthTwo-way trade volume between Thailand and Saudi Arabia last year reached 234 billion baht, with exports to Saudi Arabia tallying 51 billion baht. (Photo: Apichart Jinakul)The Commerce Ministry will lead a trade mission to Saudi Arabia next month to strengthen business partnerships between Thailand and the Middle Eastern country, in a bid to grow Thai exports by 20%. Two-way trade volume between Thailand and Saudi Arabia last year totalled 234 billion baht, with exports to Saudi Arabia tallying 51 billion baht. The main imports from Saudi Arabia comprised crude oil, chemicals, fertiliser, pesticide, finished oil, and metallic minerals. The council expects Thai exports to Saudi Arabia to grow by 20% to 65 billion baht this year.

Source: Bangkok Post July 29, 2022 00:33 UTC