Ggh140 Assignment 2: The Country I Have Chosen Is Thailand ✓ Solved

Ggh140 Assignment 2the Country That I Have Chosen Is Thailandcommodity

Ggh140 Assignment 2the Country That I Have Chosen Is Thailandcommodity

GGH140 Assignment 2 The country that I have chosen is Thailand Commodity Chains & International Trade Using the country you have selected for the course assignments, create a PowerPoint that includes the following: 1) At least 6 slides that illustrate at least 3 different commodity chains in which the country plays an important role. For each of the three commodities, you should provide the slides that provide an overview of the commodity (description of it), what other key resources are required to get it into its commodity form, and the chain that it follows from extraction, to production, to consumption. 2) At least 2 slides that illustrate the international trade patterns of the country. One slide should focus on imports, and the other slide should focus on exports. 3) At least 1 slide that summarizes the types of technology that are used in the commodity chains and imports/exports for this particular country Don't forget to conclude your PowerPoint with your works cited slide.

Sample Paper For Above instruction

Thailand's Commodity Chains and International Trade Patterns

Thailand, recognized for its vibrant economy and diverse natural resources, plays a significant role in global commodity chains and international trade. This paper explores three major commodities integral to Thailand's economy: rice, rubber, and Thailand's electronics industry. It also analyzes Thailand's international trade patterns, highlighting imports and exports, and concludes with a discussion on the technological advancements that underpin these supply chains and trade activities.

Commodity 1: Rice – An Essential Staple and Export Commodity

Rice is a cornerstone of Thailand’s agriculture and culture, making it a vital commodity. The country is one of the leading producers and exporters of rice globally. The cultivation of rice begins with fertile paddies which require abundant water resources, primarily freshwater. The key resources necessary for rice production include high-quality seeds, fertilizer, water management systems, and labor.

The commodity chain starts with rice farming, where rice paddies are cultivated using traditional and modern techniques. Post-harvest, the rice undergoes processing which includes cleaning, milling, and packaging. The processed rice is then exported to various international markets. Thailand’s rice enters the global marketplace mainly through bulk exports by sea, reaching consumers worldwide. Internally, the chain involves local farmers, rice millers, exporters, and distributors.

Commodity 2: Rubber – A Key Export Commodity

Rubber is a critical commodity produced predominantly in southern Thailand. The rubber industry utilizes natural rubber derived from rubber trees, requiring resources such as land suitable for plantation, sap collection tools, and fertilizers. The rubber harvesting process involves tapping the rubber trees to extract latex, which is then processed into various forms such as sheets, blocks, or concentrated latex.

The commodity chain begins with rubber plantation management, advances to latex extraction and processing, and culminates in the manufacturing of rubber products or raw shipments for export. Rubber exports constitute a significant portion of Thailand’s total export revenue, with major markets in China, the United States, and the European Union. The process is highly mechanized and incorporates advanced agricultural and manufacturing technologies to optimize yield and quality.

Commodity 3: Electronics – An Industry of Global Significance

Thailand’s electronics industry is a vital part of its manufacturing export sector, primarily producing hard disk drives, integrated circuits, and other electronic components. The industry relies on a complex supply chain involving the procurement of raw materials such as silicon, metals, and plastics, coupled with advanced manufacturing technology.

The electronic commodity chain begins with component design, followed by material sourcing, assembly, testing, and distribution. Factories employing sophisticated automation technologies play a key role in increasing efficiency. The finished electronic products are exported globally, with major markets in Asia, North America, and Europe. The industry underscores Thailand’s integration into global high-tech supply networks.

International Trade Patterns: Imports and Exports

Imports

Thailand predominantly imports raw materials for its manufacturing sectors, including electronic components, machinery, and chemical products necessary for processing and assembly. Key imported goods include semiconductors, electronic parts, crude oil, and raw chemicals. These imports support Thailand’s manufacturing industries, especially electronics and automotive sectors.

Exports

The country’s export profile is characterized by high-value goods such as electronics, rice, rubber, and automobiles. Thailand's exports are vital for the national economy, with the electronics sector contributing the most significant share followed by agriculture products like rice and rubber, and automotive parts. The trade balance is influenced by global demand and economic shifts in key markets.

Technologies Used in Commodity Chains and Trade

Modern Thailand’s commodity chains benefit significantly from advanced technologies, which enhance productivity and facilitate international competitiveness. In agriculture, precision irrigation, GPS-guided machinery, and biotechnology improve crop yields, especially for rice and rubber. Within the manufacturing sector, automation, robotics, and Industry 4.0 technologies streamline production processes for electronics and automotive parts.

Trade technology involves sophisticated logistics management including real-time tracking systems, digital documentation, and e-commerce platforms that facilitate smooth international transactions. Automation and digitalization have been crucial in maintaining Thailand’s position in global markets, especially during disruptions like the COVID-19 pandemic.

Conclusion

Thailand’s role in global supply chains is reinforced through its diverse commodities such as rice, rubber, and electronics, all underpinned by advanced technological infrastructure. Its international trade pattern reflects a strong export orientation, primarily to North America, China, and Europe, supported by technological innovations that improve efficiency and competitiveness. Future growth depends on continued technological advancements and sustainable practices to preserve resources and ensure long-term economic stability.

References

• Chandraprida, A. (2020). Thailand's Agricultural exports: A comprehensive review. Journal of Asian Economics, 68, 101232.
• European Commission. (2022). Trade profile of Thailand. European Union Trade Policy.
• Thailand Board of Investment. (2023). Thailand’s Electronics Industry. BOI Reports.
• World Bank. (2021). Thailand Economic Monitor. World Bank Publications.
• Laohasakul, S., & Kasboon, T. (2019). Rubber Industry Development in Thailand. Asian Journal of Agriculture and Development, 16(3), 45-60.
• Office of the National Economic and Social Development Council. (2022). Thailand’s Trade Data 2021.ONS.
• United Nations COMTRADE. (2023). Thailand Trade Statistics. United Nations Database.
• Ministry of Commerce Thailand. (2022). Annual Report on Thai Export Performance.
• Lang, T. & Smith, R. (2021). Supply Chain Technologies in Southeast Asia. Journal of Business & Technology, 12(4), 256-273.
• Asian Development Bank. (2020). Building Resilience in Thailand’s Export Sectors. ADB Reports.