Thursday, March 28, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Bilateral trade between Thailand, India likely to reach $12bn

Bilateral trade between Thailand, India likely to reach $12bn

Hyderabad: The bilateral trade between Thailand and India is expected to touch USD 12 billion during the current year, Somsak Triamjangarun, Consul General of the Royal Thai Consulate General said today."The Bilateral trade between Thailand

PTI PTI Updated on: September 22, 2015 22:52 IST
bilateral trade between thailand india likely to reach 12bn
bilateral trade between thailand india likely to reach 12bn

Hyderabad: The bilateral trade between Thailand and India is expected to touch USD 12 billion during the current year, Somsak Triamjangarun, Consul General of the Royal Thai Consulate General said today.

"The Bilateral trade between Thailand and India reached USD 8 billion in 2014 and is forecast at USD 12 billion this year. Thailand had a trade surplus with India of USD 2 billion last year," Triamjangarun said in an interactive meeting organised by the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI).

Read Also: UAE to raise India investments to Rs 5-lakh cr; boost trade

A majority of exports to India from Thailand are Chemical Products, Polymers of ethylene propylene, etc in primary forms, precious stones and jewellery, air-conditioning machines and parts among others, the envoy said.

Thailand imports from India include chemicals, ships, boats and floating structures, parts & accessories of vehicles, machinery and spare parts, jewellery including silver bars and gold, vegetables and vegetable products, he added.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement