Exporting guide to Thailand

Overview

Thailand is located in South East Asia between Cambodia, Laos, Myanmar (Burma) and Malaysia and is one of the largest economies in the region.

Trade statistics

£2.2 billion total UK exports to Thailand for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

46th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

0.3% of total UK exports for the four quarters to the end of Q2 2022

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022)

Access to new markets

Thailand’s geographical setting makes the country a hub for UK businesses looking to access opportunities in the Greater Mekong sub-region. It’s a good strategic location for exporting to Laos, Cambodia, Myanmar (Burma) and southern China.

There are already a large number of British VAT-registered businesses exporting to Thailand with openings for SMEs as well as large corporations.

Top five UK goods exported to Thailand, in the four quarters to the end of Q2 2022

Goods Value (£million)
Miscellaneous electrical goods (capital) 273.0
Cars 145.0
Pulp & waste paper 87.8
Metal ores & scrap 87.4
Mechanical power generators (intermediate) 80.2

Source: ONS Trade in goods: country-by-commodity exports
Last updated: November 2022
Download the latest trade and investment factsheet for Thailand.

Top five UK services exported to Thailand, in the four quarters to the end of Q2 2022

Service Value (£million)
Other Business Services 243.0
Travel 187.0
Financial 106.0
Intellectual property 69.0
Insurance and Pension 46.0

Source: ONS UK trade in services: service type by partner country, non-seasonally adjusted
Last updated: October 2022
Download the latest trade and investment factsheet for Thailand.

Thailand: at a glance

Economic growth

1.5%

Actual figure (IMF, 2021)
The UK is 7.4% (IMF, 2021, projected figure)

GDP per capita

$7,232

Actual figure (IMF, 2021)
The UK is $47,329 (IMF, 2021, projected figure)

Currency

Thai baht

Business languages

Thai

You may need a translator

Time zone

GMT + 7

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Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

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See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.