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10 GI products that generate the highest export revenue, Durian is the champion
GI Products - The Department of Intellectual Property reveals that Geographic Indication (GI) products have consistently had the highest export value over the past several years.
GI products
GI stands for Geography Indication. It is another type of intellectual property that can indicate geography. It is a symbol that certifies the source and quality of community products. It is used for products that have specific sources, are unique, and have good quality. It confirms that the same products cannot be found in other sources.
The Department of Intellectual Property has released a list of 10 GI products that generate the highest export revenue and 10 GI products that generate the highest domestic revenue, and continues to push for local Thai products and identity products to be registered as GIs.
Ms. Kanitha Kangsuanich, Deputy Director-General of the Department of Intellectual Property, revealed that the Geographical Indication (GI) products that have had the highest export value continuously over the past several years. From the data survey, it was found that the top 10 products with the highest export value are:
No. 1 Rayong Monthong durian, valued at 15,645 million baht, the main market is China.
No. 2: Yala Sadet Nam durian, value 4,890.2 million baht, main markets are China and Malaysia.
No. 3: Ratchaburi sweet coconut, value 285 million baht, main markets are China, the United States, Canada, France.
No. 4 Nam Dok Mai mango from Sa Kaeo, 107 million baht, main market is Hong Kong.
No. 5: Mangosteen Tip Phang Nga, value 80.12 million baht, main markets are China and Vietnam.
No. 6 Golden Flower Mango from Bang Khla (Chachoengsao Province) worth 35 million baht. The main markets are South Korea and Japan.
No. 7 Phetchaburi Golden Banana, value 24 million baht, important market Japan
No. 8: Ta Khoi pomelo from Phichit Province, value 10.4 million baht, important market: China
No. 9 Dried bananas from Bang Krathum, Phitsanulok, value 10 million baht. Important markets are Saudi Arabia, Syria, Turkey, Brunei, Malaysia, Hong Kong, South Korea, the United States, and New Zealand.
No. 10 Golden Mango Nam Dok Mai Phitsanulok, value 9.45 million baht, main markets are Japan, South Korea and Russia.
For the top 10 best-selling and highest-grossing GI products in the domestic market, the Department has collected data from provincial commercial offices nationwide in 2023, including:
No. 1 Rayong Golden Pillow Durian, valued at 20,530.8 million baht
No. 2: Yala Sadet Nam durian, value 6,661.2 million baht
No. 3 Palm sugar from Phetchaburi, valued at 4,813 million baht
No. 4: Pathum Thani Golden Banana, worth 3,268 million baht
No. 5 Phetchaburi lemons, valued at 3,061.4 million baht
No. 6 Bang Pae Giant Freshwater Prawn (Ratchaburi Province), valued at 2,570 million baht
No. 7: Kalasin silk, valued at 2,360.5 million baht
No. 8 Jasmine rice from Phayao, value 1,969.7 million baht
No. 9 Songkhla Lake Sea Bass, worth 1,579.2 million baht
No. 10: Ban Phaeo sweet coconut (Samut Sakhon Province), value 1,460 million baht
All GI products that generate income for the country are agricultural products. They are already famous Thai fruits. However, being a GI product increases its value and helps build consumer confidence in its quality, standards, and the ability to trace back to its source.
For products with low export value, the Ministry of Commerce, including Thai commercial attachés abroad and provincial commerce, are working together to continuously find new markets for these products, in accordance with the policy of Mr. Phumtham, Deputy Prime Minister and Minister of Commerce, who believes that this will generate more export revenue for Thailand.
Source of information: Bangkok Business