Trade with Thailand Begins at DITP
Thailand’s open-economy policy has been responsible for a strong growth in exports in recent years. The country’s main export markets are the USA, Japan, the European Union and ASEAN, while new markets include China, South Asia, Africa and Indochina.
To help increase the value of its exports, Thailand has negotiated free trade agreements with Australia, China, India, Japan, New Zealand and ASEAN that have resulted in many more opportunities for doing business with Thailand.
DITP’s Dedicated Services
Trade with Thailand starts at the Department of International Trade Promotion, Ministry of Commerce, which provides a comprehensive rang of service for Thai exporters and international investors wishing to do business with Thailand. Acting as a one-stop service center, provides trade information and advisory services, match-making link-ups, business networking, statistics on Thai products and manufacturers, as well as helping to find suitable trade partners.
Thailand plans to boost its export drive by having the DITP offer various support activities to assist Thai businessmen wishing to expand business abroad-especially in the areas of sourcing, subcontracting, green field investment, franchising, and licensing. International entrepreneurs interested in any of these areas of business should contact the DITP, which will conduct a search to find a partner to match their needs.
The DITP currently operates almost 63 offices in 48 major cities around the world, plus 5 regional offices in Thailand. All welcome enquiries from international buyers, are ready to provide information and advice to make it convenient for visitors to do business with Thailand.
The DITP ’s international officers provide one-stop service centers, with general information on Thai trade, products and services, while arranging partnership link-ups through match-making opportunities with Thai businessmen.
In addition to being one of the world’s most popular tourism destinations, Thailand has enjoyed rapid economic development over the past two decades. Today the country is a dynamic regional trading, financial, aviation and communications center, with a strong national infrastructure of air, land and sea that affords ready access to regional and world markets. Its vibrant export-led economy reflects its status as a pre-eminent trader to the world.
Diversity has become an essential ingredient of Thai exports, with an emphasis on one-stop sourcing of raw materials in Thailand’s regions, in the Greater Maekhong Sub-region and throughout Southeast Asia. These have turned into a variety of value-added products that includeprocessed & frozen food, agricultural products, electronics, electrical appliances, furniture, fashion garments & textiles, auto parts and accessories, etc. Look for the “Thailand’s Brand” symbol as a mark of quality on Thai exports.
Thai service industries are also in great demand around the world.
Four key businesses are well established-Thai restaurants, Thai spas, health industry, and international education, while new service industries, such as architectural design, construction, automotive repair, printing, entertainment and other content industries are being developed to meet overseas demand.
Technology for Quality
Thailand maintains its competitiveness in the world markets by utilizing advanced technology and research to continually improve the quality of its exports and services. Such technology allows the DITP to provide answer to international enquiries at the touch of a keyboard, instigate teleconferencing around the globe between international buyers and potential Thai partners, and extend support to logistics service providers to facilitate cheaper and faster deliveries of Thai products around the world.