Trade4go Summary
South Korea has emerged as the largest market for Thai fresh mango exports, with a 132.7% increase in imports in 2024 compared to the previous year, reaching 2.931 billion baht. This surge is primarily due to the South Korean government's efforts to expand tropical fruit import quotas and temporarily lower tariffs on agricultural products. Notably, the tarate of mangoes and mangosteens has been reduced from 30% to 0%, and that of durian from 45% to 5%. Thailand and South Korea are currently discussing an economic partnership agreement to further boost Thai fruit exports.
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Original content
South Korea has become the largest market for Thai fresh mango exports. In 2024, Thailand exported fresh mangoes worth 2.931 billion baht to South Korea, an increase of 132.7% over the previous year. The main factor comes from the measures taken by the South Korean government to expand the import quota of tropical fruits and temporarily reduce the import tariffs on agricultural products. By adjusting the tax rate of mangoes and mangosteens from 30% to 0%, and the tax rate of ...