Bangkok, May 6 -- Several Thai products, including pet food and rice, are poised to gain a larger market share in America amid escalating US-China trade tensions, according to the Thai Trade Policy and Strategy Office (TPSO).
Director-general of TPSO Poonpong Naiyanapakorn said the office is monitoring the impact of US-China trade tensions on Thai agricultural goods. It categorised these products into three groups, namely high-potential products, potential products, and items requiring trade diversion monitoring.
Poonpong said high-potential products are those for which Thailand already enjoys a substantial share in the US market, and are likely to grow as substitutes to Chinese products. These include pet food, rice, prepared mackerel, f...