The Agricultural industry plays a vital role in the Thai economy. Thailand is a well-known hotspot, supplying countries world-wide with staples like rice and frozen seafood. Today this industry employs 29% of Thailand’s total work force and roughly contributes 42.41 Billion or 8.4% of the total GDP to the Thai Economy.
In emerging economies post-production operations and agro-industries contribute more than 50 percent of the added value to the manufacturing sector. Even if the products are only partly processed and sold in bulk, they can still make an essential contribution to the economy of a nation.
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