As export is a vital engine driving the Thai economy, it its essential to lay down strategies to enable local entrepreneurs and exporters access to potential foreign opportunities. Because Thai businessmen and manufacturers run their business in different regions across the country, the Department of Export Promotion, Ministry of Commerce has established 5 Regional Trade Promotion Centers. They are located in the North, the Northeast, the East and the South and serve as links to local manufacturers and export with international traders. These 5 regional centers work closely with 56 DEP offices worldwide.
Under this trade networking strategy, Thailand is expected to gain advantage in trade competition if its export is driven to full potential. Hence, an expansion in export value will continue to fuel national economic growth as it has occurred in past decades. Such high growth was evident between 2004-2006, during which average export growth rate was at 17.4 %. By the and of 2007, it is estimated that the annual growth will be at 12.5%. This achievement could be attributed to quality Thai products such as agricultural and food products, electronics, auto parts and accessories, electrical equipment and textiles. The main markets for Thai exports include the USA, Japan, EU and ASEAN countries. New markets with potential are China, South Asia Africa and Indochina.
By providing access to trade information and connection for Thai exports and manufacturers across the country, the 5 regional Trade Promotion Centers will enhance their business potential by matching their needs with foreign buyers and traders, whose contacts are channeled through the DEP Worldwide Network.