International Trade in Thailand

International Trade in Thailand

Thailand is Southeast Asia's second largest economy (behind Indonesia), and 4th richest nation, according to per capita GDP, after Singapore, Brunei and Malaysia. It functions as an anchor economy for the neighboring developing countries like Laos, Burma, and Cambodia. Due to its openness... Read more

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Market Analyses About Thailand (217)

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  • Universal Consensus

    Universal Consensus

    Cross-Cultural Training, Thailand

    Universal Consensus is a global business advisory firm specilized in cross-cultural consulting whose mission is to help clients to...
  • High Beam Global

    High Beam Global

    Market Research, Thailand

    HBG is a full service Market Research agency providing research and support services to companies ranging from boutique research...

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  • AEC Resources (Thailand) Co.,Ltd.

    AEC Resources (Thailand) Co.,Ltd.

    Export Management, Thailand

    AEC Resources "Win-Win Cooporation" Our management philosophy is gateway to dynamic ASEAN market, guides to Verification...
  • Consultdustry


    Management Consulting, Thailand

    Business development & business consulting – serving Tech Industry in ASEAN countries • interim management - business...

Overview About International Trade in Thailand

Main Industry Sectors

The Thai economy is heavily based on agriculture, which contributes around 10% of the GDP and employs almost 40% of the active population. The country is one of the leading producers and exporters of rice and also has rubber, sugar, corn, jute, cotton and tobacco as major crops. Fishing is an important activity as Thailand is a major exporter of farmed shrimp. However, agriculture's contribution to the GDP has relatively declined, while the exports of goods and services has increased.

The manufacturing sector accounts for just under half of the GDP and is well diversified. The main Thai industries are electronics, steel and automotive. Thailand is an assembly hub for international car brands. Electrical components and appliances, computers, cement production, furniture and plastic products are also important sectors. The textile sector employs around 25% of the active population but is no longer as dynamic as tourism which has become the main source of foreign exchange.

The tertiary sector, including tourism and financial services, contributes about half of the GDP.


Economic Overview

Thailand is Southeast Asia's second largest economy (behind Indonesia), and 4th

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