{"id":2236,"date":"2025-06-04T03:00:42","date_gmt":"2025-06-04T03:00:42","guid":{"rendered":"https:\/\/www.patcharaproduct.co.th\/?p=2236"},"modified":"2025-06-04T03:07:12","modified_gmt":"2025-06-04T03:07:12","slug":"trump-is-raising-tariffs-on-food-products","status":"publish","type":"post","link":"https:\/\/www.patcharaproduct.co.th\/en\/trump-is-raising-tariffs-on-food-products\/","title":{"rendered":"Trump is raising tariffs on food products, affecting exports by 170 billion baht."},"content":{"rendered":"

The Chamber of Commerce fears food exports will suffer 170 billion baht if Trump raises tariffs in April.<\/b><\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0The Thai Chamber of Commerce, the Federation of Thai Industries, and the National Food Industry have announced the situation and incoming trend of agriculture and food business in Thailand.<\/span><\/p>\n

Ms. Supawan Teerarat, Director of National Food Industry, said that the importing market value of Thailand in 2024 is around 1,638,445 million baht, with the new all-time high market expanded to 7.3% due to increasing demand for food wealth and the economic situation in the country that is recovering.<\/span><\/p>\n

In the Year 2025,<\/b><\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0The food importing industry is expected to be around 1,750,000 million baht, which expanded 6.8% due to the increasing supply chain of ingredients, including coconut, Cassava oil, and pineapple. At the same time, baht value compared to the US dollar is evaluated to be around 33-35 baht per 1 dollar this year, which is beneficial to importing businesses in Thailand. Last but not least, most exporting products of Thailand this year, according to the Director of the National Food Industry, are pet food, processed food, and products from the coconut<\/span><\/p>\n

However, food and agriculture exports from Thailand this year still have a high risk from Reciprocal tariffs of the USA that will apply to many countries with trade surpluses with the US, including Thailand, which could negatively impact the exporting value of this year, not reach the expectation.<\/span><\/p>\n

Mr. Poj, Vice President of the Thai Chamber of Commerce, mentioned that<\/b><\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u201cThailand is at risk of being hit by import tariffs on food products because last year Thailand had a food trade surplus with the US of 128.23 billion baht, about 10% of Thailand\u2019s total trade surplus, second only to the electronics and automotive industries. Last year, Thailand exported 172.38 billion baht to the US but imported only 44.15 billion baht.\u201d<\/span><\/p>\n

Mr. Poj mentioned the group of products that may be affected by the tariff increase measures, totaling 38 items, with an export value to the United States of 172.38 billion baht, <\/span>divided into 3 groups<\/b> according to the severity of the impact.<\/span><\/p>\n

3 Groups of Products that will be affected by the tariff increase measures<\/b><\/span><\/p>\n