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Thailand welcomes record number in foreign tourists

Number of foreign arrivals to Thailand hit a record high of 3.5 million in December 2017, jumping 16 percent year on year.
Thailand welcomes record number in foreign tourists ảnh 1The number of foreign arrivals to Thailand hit a record high of 3.5 million in December 2017, jumping 16 percent year on year. (Photo: ​Fortune)

Bangkok (VNA) – The number of foreign arrivals to Thailand hit a recordhigh of 3.5 million in December 2017, jumping 16 percent year on year.

The Thai tourism ministry’s Permanent Secretary Pongpanu Svetarundra also predicteda fresh high in January, which is the traditional peak season for tourism.

The Thai Government is targeting 37 million international arrivals in 2018 andearn 3 trillion THB (94 billion USD) in revenue from domestic and foreigntourists combined, he noted. That is worth one fifth of the country’s grossdomestic product.

Tourism has been given special attention when export, key motive of Thaieconomy, fell in three consecutive years until 2016.

DuringJanuary-November in 2017, Thailand’s exports surged 10 percent despite itscurrency rose 9 percent. Thai exporters said that the strong baht resulted in aloss of 350 billion THB (10.86 billion USD) in the country’s export revenuelast year.-VNA
VNA

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𒊎 Thailand records strongest export growth since early 2022

The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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