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Thai food exports set for strong 2010

15-Sep-2009

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The recovering world economy could see Thai food exports rebound after a disappointing 2009, with 2010 exports predicted to hit 750 billion baht (€15 billion).

According to the Bangkok Post, Yutthasak Supphasorn, director of Thailand’s Food Institute, this would represent an increase of 28 billion baht (€0.6 billion) on this year’s estimated figures.

 

“Food exports for 2009 are projected at 722 billion baht, an 8.4 per cent decline from a year earlier. But the figure was better than the previous forecast of a 15-20 per cent contraction due to the return of overseas orders,” the Post quotes Mr Yutthasak as saying.

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