In the next five years, Thailand faces crucial economic decisions. With forecasts suggesting growth from government stimulus and tourism, while warning of structural weaknesses and external pressures, Thailand is navigating a path full of opportunities and hurdles. The focus is on essential reforms and strategic investments that will shape the country's future.
Want to have a Vespa exported from Thailand to the Netherlands?
I am currently studying in Bangkok and I have noticed that the prices of Vespas here are many times lower than in the Netherlands, which is why I would like to have one exported to the Netherlands.
Gold in Thailand: pure and sought after
Gold plays an important role in the life of the Thai people. Gold is given as a gift at various stages of life. At birth, gold objects are donated to the baby and gold is also an important part of the dowry (Sinsod).
Thailand is the largest exporter of condoms in the world
Thailand was the largest exporter of five major products in 2022: fresh durian, cassava, condoms, canned pineapple and canned tuna. Naiyanapakorn also points to the burgeoning global sex toy market and proposes processing Thai rubber reserves into sex toys, which would add to the revenue of the Thai rubber industry and bring additional income to the Thai rubber farmers.
Discover Thailand (17): the Economy
Thailand's economy is one of the strongest and most diverse in Southeast Asia. The country is the region's second largest economy after Indonesia and has a growing middle class. Thailand is a major exporter of goods such as electronics, vehicles, rubber products and agricultural products such as rice and rubber.
One and a half million orchids
You could consider the orchid as the national symbol of Thailand. Cultivation in Thailand covers about 2300 hectares and is concentrated around Nonthaburi, Ratchaburi, Kanchanaburi, Ayutthaya, Pathunthani and Chonburi.
Pineapple is known worldwide and is also called "king of tropical fruit". This fruit is native to Brazil and a number of other South American countries. World production is now dominated by Southeast Asia, especially Thailand and the Philippines.
Thailand has restarted exports to China
After a long period of standstill and slowdown in the export of agricultural products, a new way has been found to transport goods back to China and thus start exports. For this, Thailand has to circumvent various obstacles in order to get their products quickly and efficiently transported to China.
Thailand and its export problems
Exports from Thailand are suffering from international economic problems. The latest export figures show a decrease of 7,39 percent. One of the causes is attributed to the decrease in oil exports due to maintenance of the oil refineries in the Asean countries, which caused a decrease of 11 percent in 2,7 months.
Sales of four fruits, including durian, have reached an all-time high this year with sales of more than 7,4 billion baht. Turnover increased mainly due to the high demand from China.
Strong Thai Baht bad for export and tourism
Exporters in Thailand are concerned about the appreciation of the Thai Baht against the US dollar. They therefore hope that a new government will stabilize the volatile baht so that it aligns with the currencies of regional and trading partners.
Export motorcycle from Thailand to the Netherlands?
Does anyone have experience with the costs of exporting a used motorcycle from Thailand to the Netherlands and any advice for a good transporter?
Trade relations between Thailand and the Netherlands are quite good, but there is always room for improvement. There are plenty of opportunities for Dutch companies and entrepreneurs to do business with Thailand and every action aimed at promoting trade between the two countries deserves attention.
Bank of Thailand less optimistic about export growth and economy
The Bank of Thailand (BoT) is less optimistic about exports. The forecast that it will grow by 9 percent this year is unlikely to be met. The main reasons for this are the trade war between the US and China and a decline in world demand.
Plans for international fruit export
At a cabinet meeting in the eastern province of Chanthaburi, approval was given to the proposal to promote fruit exports.
Subsidy scheme for SMEs with international ambitions
Does your company have international ambitions and an interest in foreign markets, such as Thailand or neighboring countries? Would you like to carry out a project or invest in a company in one of those countries? Or do you want to convince potential customers of your technology?
Reader question: Experience sending goods by boat from Thailand?
My wife and I have signed a contract agreement with 10 organic beekeepers in the region of Phrae and Lamphun to export 100% organic monofloral raw honey to Belgium. The lab results of the “Central Laboratory (Thailand) Co.Ltd.” are extremely good for this type of honey.
Reader question: Business partner wanted for export clothing
I am now retired but still looking for a business partner who has knowledge of the clothing business in Thailand. My plan is to export containers of clothing from Thailand to a country where there is a very good market for this product. I am also in this country myself to ensure that everything runs smoothly. That is why I am looking for a partner who can manage the export in Thailand, prepare the export and send it in a container to the country of destination.
Soon we will sell our condo in Jomtien. We would like to take some beautiful Buddha statues with us to the Netherlands. It is two images. Being: A bronze Reclining Buddha, bought 7 years ago at the Riverside Shopping center in Bangkok, quite old with a document of origin from the government. And a fairly modern Buddha made of white pottery, bought about 6 years ago in the art pavilion at the (Stakasjuk or similar) Saturday market.
Criticism of the junta: Thailand's economy hits rock bottom
Bangkok Post is extremely critical of military government in Thailand. In the economic field they have made a mess of it: figures do not lie.
Economy: Thailand's exports shrunk by 4,4 percent
Thai exports are in the doldrums. There was only a small revival in two months of this year, thanks to some windfalls, but exports contracted again in May. The value fell by 4,4 percent on an annual basis, which is a contraction of 1,9 percent for the first five months of this year.
Reader question: What is the best way to get goods from Thailand to the Netherlands?
Soon I will leave for Thailand (Chiang Mai). In Chiang Mai I want to buy all kinds of Thai goods for the furnishing of our restaurant in the Netherlands. Mostly woodwork.