Bilateral trade between Thailand, India expected to reach US$ 12 billion Current News

Bilateral trade between Thailand, India expected to reach US$ 12 billion

New Delhi: Bilateral trade between Thailand and India is expected to reach US$ 12 billion in 2015 as compared to US$ 8 billion last year, said Somsak Triamjangarun, Consul General of the Royal Thai Consulate General in an interactive meeting organised by the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI). He further added that last year, Thailand had a trade surplus of US$ 2 billion with India. 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. 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.