Thailand’s export to Russia fell 43.3% to 585.44 million USD in 2022, reported the Thai Ministry of Commerce’s Department of International Trade on February 21.
Bangkok (VNA) – Thailand’sexport to Russia fell 43.3% to 585.44 million USD in 2022, reported the Thai Ministryof Commerce’s Department of International Trade on February 21.
The trend isexpected to continue this year.
The top 10 Thaiexports to Russia were vehicles, tyres, machinery and mechanical parts, cannedand processed fruits, machinery and mechanical components, refined oil, cannedseafood, processed rubber, rice, and food seasoning.
Cars, equipment, andcomponents, which are high-value products and have always been Thailand's No 1export product in the Russian market, account for 30% of all Thai exports toRussia, said Phusit Ratanakul Sereroengrit, Director General of the department.
However, the value of Thai auto exports to Russia plummetedby 74.01% from 10.2 billion THB (about 295 million USD) in 2021 to 2.6 billion THB in 2022.
Exports of automobile equipment andaccessories are expected to rebound in 2023, particularly auto parts, which arein high demand in Russia.
Hoꦜwever, the value of Thai exports to Russia will continue to fluctuategreatly due to the Russia-Ukraine confli𒁃ct, according to Phusit./.
The Digital Economy Promotion Agency (DEPA) of Thailand has launched a digital tourism project with an aim to encourage travel firms to widely use digital platforms.
According to the Thai Rice Exporters' Association, the country’s rice exports to the Philippines are expected to double in 2023 as rival supplier Vietnam faces capacity constraints.
Thailand and Myanmar on February 20 reopened the Mae Sai-Tachileik border checkpoint and Thailand-Myanmar Friendship Bridge that links Thailand’s Chiang Rai province and Myanmar’s Techileik province after three years of closure due to the COVID-19 pandemic.
The Federation of Thai Industries (FTI) is gripped with a fresh worry over the influx of inexpensive Chinese goods following China's reopening, though Beijing's policy is good for the tourism sector.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Illustrative image (Photo: The Nation) 
