The Important Factors for Thai Frozen Shrimp Exporting to the United States of America and Japan

Abstract

The aim of the research was to study the important factors affecting the volume of Thai frozen shrimp exports to the United States of America (U.S.A.) and Japan, focusing on  : Manufacturing Production Index classified by frozen seafood category, Domestic Wholesale Shrimp Price, Gross Domestic Product: GDP of U.S.A. (Japan), Per capita GNP of U.S.A (Japan), Personal Consumption Expenditure: PCE of U.S.A. (Japan).  The study used secondary data, collecting on a monthly basis from January 2018 to December 2022, for a total of 60 months, using the Multiple Regression Analysis by the Least Squares Estimation method.The results of the study found that the important factors affecting the volume of Thai  frozen shrimp exports to the U.S.A. in the same direction, statistically significant were Manufacturing Production Index classified by frozen seafood category: MPI. As for the Domestic Wholesale Shrimp Price: PRI, Gross Domestic Product: GDP of U.S.A. Per capita GNP of U.S.A: PCI, and Personal Consumption Expenditure: PCE of U.S.A. were not affected on the volume of Thai frozen shrimp exports to the U.S.A., statistically significant. For the important factors affecting the volume of frozen shrimp exports from Thailand to Japan in the same direction, statistically significant was Manufacturing Production Index classified by frozen seafood category: MPI while the Domestic Wholesale Shrimp Price: PRI was affected in the opposite direction. For Gross Domestic Product: GDP of Japan, Per capita GNP of Japan: PCI, and Personal Consumption Expenditure: PCE of Japan were not affected on the volume of Thai frozen shrimp exports to Japan statistically significant.