Export of Halal Food from Thailand to Saudi Arabia to Begin as Diplomatic Relations Resume

Thailand’s Ministry of Commerce will implement plans for the export of chicken and other Halal food to Saudi Arabia. The decision comes about after the resumption of full diplomatic relations and the exchange of ambassadors between the two countries in the first meeting in 33 years. The meeting took place on the 25th of January 2022 during a visit by Thailand’s Prime Minister Prayut Chan-o-cha to Riyadh.

Why it matters?

Trade between Thailand and Saudi Arabia was valued at USD 7.30 billion in 2021, made up of imports from Saudi Arabia, totaling USD 5.53 billion in contrast to USD 1.63 billion in exports from Thailand. Exports to Saudi Arabia are predicted to increase to 2.2% of the country’s total export value, up from 0.6% in 2021, acc...