Abstract
This research examines the potential for Indonesian agricultural exports to Thailand in the context of ASEAN trade. The analysis focuses on the comparative advantages of the two countries in key agricultural commodities such as rice, corn, sugar, palm oil and coffee. Production and export data for 2022 shows that Indonesia is ahead in palm oil and coffee production, while Thailand is dominant in rice and sugar exports. The 2021-2023 trade balance of both countries shows a deficit, with Thailand experiencing a much larger deficit. Despite facing challenges such as price fluctuations, climate and trade regulations, Indonesia has the opportunity to increase its agricultural exports to Thailand by improving production efficiency and product quality.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
