Thai exports to the United Kingdom will continue to expand even though the EU economy has contracted by 1%, according to the Department of International Trade Promotion’s London Office.
Chulit Sathaworn, director of the department, said that trade between Thailand and the United Kingdom expanded 4.4% in the first quarter of 2013. He claimed that the number was satisfactory compared to other European nations. The continued popularity of Thai food in Europe has contributed to the 4-5% growth in total exports to the EU in the first four months of this year.
Chuwit was convinced that, despite the economic slump in Europe, Thai exports to Europe in 2013 will increase up to 2% and the exports to the United Kingdom will hit the growth target of 8-9%.
