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The
Agriculture and Mining Sectors
The
agriculture sector's contribution to the Gross Domestic Product
declined from 39.4 percent in 1961 to 12.2 percent in 1993 due
primarily to the rapid expansion of other sectors of the economy.
However, agriculture will continue to be a dominant sector of the
Thai economy for years to come.
In
1993, farm population comprised approximately 57 percent of the
total labour force. If the people indirectly engaged in agri-
business industries were also included in the estimate, labour
force absorption by agriculture totaled 57.2 percent.
Agriculture
exports were the major source of foreign exchange earning during
the 1960s and 1970s. However, as Thailand's progress towards
industrialization increased, manufactured exports gained
importance. In 1993, exports of agricultural products amounted to
only about 18.1 percent of total exports compared with the share
of 40 percent in 1982.
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