The main destinations for Thailand’s exports are the rest of Asia and the US. Although traditionally Thailand’s major markets have been North America, Japan and Europe, economic recovery witnessed by Thailand’s regional trading partners also helped boost growth in Thailand’s exports. The country has also increased its exports in some of its non-traditional export markets, including India, China and the Middle East. To help increase the value of its exports, Thailand has negotiated free trade agreements with Australia, China, India, Japan, New Zealand and ASEAN.
Opportunities for UK businesses
Thailand’s economic growth has created opportunities for British businesses in a number of infrastructure sectors, including electrical power, telecommunications, and renewable energy. Opportunities for UK businesses exist in cosmetics, security equipment, food supplements, educational services, automotive accessories, defence equipment, broadcast equipment, food processing and packaging equipment, and environmental technology.
Visit Export Britain for more information and to find support in this market.