Post by account_disabled on Dec 27, 2023 10:24:17 GMT
Weerasak” revealed that gem and jewelry exports in 4 months of 2020 were valued at 8,147.46 million US dollars, an increase of 114.84% due to the benefit from exporting gold for speculation, which increased by more than 350%, but if gold is deducted from Exports remained at 1,774.74 million US dollars, a decrease of 25.31%, indicating that it was affected by the spread of the COVID-19 virus. Make people delay buying Advise entrepreneurs to focus on using online channels Social media expands the market to embrace the new way of life.
Mr. Weerasak Wangsuphakitkoson Deputy C Level Executive List Minister of Commerce revealed that Thai gem and jewelry exports during the first 4 months of 2020 (January-April) were valued at 8,147.46 million US dollars, an increase of 114.84% in baht. Value 252,714.18 million baht, an increase of 111.34%, but if gold is deducted which is a product that is volatile Exports were valued at 1,774.74 million US dollars, a decrease of 25.31%, equivalent to a baht value of 54,218.88 million baht, a decrease of 27.65% because exports were affected by the spread of the COVID-19 virus. That causes many countries to still have lockdowns. Although some countries have already begun to open for business But it still makes trading inconvenient.
Meanwhile, buyers are still delaying purchasing non-essential products. from being affected by the economy Therefore affecting the overall export of gems and jewelry. However, if you look at only gold The export value reached 6,372.72 million US dollars, an increase of 350.01% because it was exported to make a profit from the price difference. At a time when the price of gold in the world market is continually rising. And most people have turned to buying gold to keep. As a safe asset during times of economic slowdown As for other products Most exports have decreased.
Mr. Weerasak Wangsuphakitkoson Deputy C Level Executive List Minister of Commerce revealed that Thai gem and jewelry exports during the first 4 months of 2020 (January-April) were valued at 8,147.46 million US dollars, an increase of 114.84% in baht. Value 252,714.18 million baht, an increase of 111.34%, but if gold is deducted which is a product that is volatile Exports were valued at 1,774.74 million US dollars, a decrease of 25.31%, equivalent to a baht value of 54,218.88 million baht, a decrease of 27.65% because exports were affected by the spread of the COVID-19 virus. That causes many countries to still have lockdowns. Although some countries have already begun to open for business But it still makes trading inconvenient.
Meanwhile, buyers are still delaying purchasing non-essential products. from being affected by the economy Therefore affecting the overall export of gems and jewelry. However, if you look at only gold The export value reached 6,372.72 million US dollars, an increase of 350.01% because it was exported to make a profit from the price difference. At a time when the price of gold in the world market is continually rising. And most people have turned to buying gold to keep. As a safe asset during times of economic slowdown As for other products Most exports have decreased.