THAILAND’S CURRENT

By Mrs. Natama KoonpolMinister Counsellor (commercial)Office of Commercial AffairsRoyal Thai Embassy, Vienna

INTERNATIONAL TRADE POLICY

Thailand Key Figures

GDP 2.4% / -8.5%GDP (2019) / (2020 forecast)

0.98%Unemployment Rate (2019)

7,842GDP Per Capita in USD (2019)

41.10%Public Debt/GDP (2019)

$224.3 Bil.Foreign Reserve (April 2019)

32.8 Mil. / 6.8 Mil.Foreign Tourists (2019) / (2020 forecast

International Rankings

40th /141Global Competitiveness Report (2019)

21th/190 Doing Business 2020

29th/63World Competitiveness2019

44th/131Global Innovation Index 2020

2Sources: NESDB, Bank of Thailand, Fiscal Policy Office, World Economic Forum, World Bank, IMD

Thailand at a Glance

3.24.1 4.2

2.4

7.8-10

-5

0

5

2016 2017 2018 2019 2020

GDP Growth (%)

Thailand’s International Trade Overview

Unit : Million Euro 2019 Jan-September 2020

Export value 207.436,19 145,717.74 (-7.33%)

Import value 199.005,96 128,346.02 (-14.64%)

Trade Balance 8.430,23 17,371.72

Motor cars, parts & accessories

Precious stones &Jewelry

Polymers of ethylene

Computer, parts & accessories

Rubbers Products

Source: Ministry of Commerce

Agricultural

Agro-industrial products

Principle manufacturing

products

Mining and fuel products

Thailand Export Structure

Jan-September 2020

Motor cars, parts & accessories

Beauty or make up preparations, soap and preparations for the care of skin

Air Condition, parts & accessories

Boards, panels of electric control

Precious stones & Jewellery Motor cars parts & accessories

Precious stones & Jewellery

Machinery and parts

Railway, equipment and parts Electrical Machineryand parts

Thailand - Austria Trade Overview

Food & Agriculture

Furniture

Heavy Industries

Lifestyle Products

Wellness & Medical ServicesMedical Services/ Wellness/ Spa/ Aging

Creative Economy IndustryGame/ Software/ Design

Trade LogisticsLogistics Service Provider

Institutional Services & RelatedEducation & Hospitality Management

Trade Supporting ServicesPackaging & Printing

Digital BusinessStartups

6 Service Business Targets4 Potential Clusters

International Trade Promotion Strategies: Key Activities

International Trade Fairs in Thailand

Participating Oversea Trade Fairs

Thailand Overseas Trade Fair

In-Store Promotion

Trade Mission Branding & Value Creation

Business Club Networking

Trade IntelligenceCapacity Building/ Incubating

Digital E-Marketplace

Trade Facilitation

SMEs Pro-active

COVID-19 and Changes of the Trade Promotion Direction

COVID-19 and Changes of the Trade Promotion Direction

Virtual Trade Fair Online Business Matching E-marketplace

COVID-19 and Changes of the Trade Promotion DirectionTentative Schedule for Thailand Trade Activities (OBM: Online Business Matching)

November 2020 – November 2021

Month Products

November 2020

11-17 Electrics and Electronics / Air condition

December 2020

Agricultural machinery

January 2021

Mother and child, Toys

- Food and Beverages

- Medical Products & Equipment

February 2021

- Fruits and fruits products

- Gems and Jewelry (in parallel with 65th Bangkok

Gems & Jewelry Fair)

March 2021

- Halal products

- Lifestyle products (in parallel with Style Bangkok Fair)

Auto parts

Month Products

April 2021

- Fish and fishery products

- Gifts, Decorative items, Household products

May 2021

Construction Materials

June 2021

Gifts, Decorative items, Construction Materials,

Design Services (Interior design & Architecture)

Pet food

July 2021

Fruits and fruits products

September 2021

Gems and Jewelry (in parallel with 66th

Bangkok Gems & Jewelry Fair)

November 2021

Sustainable products

DITP Vienna - Office of Commercial Affairs, Royal Thai Embassy

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