Thailand Focus
Royal Thai Embassy
Buenos Aires
Basic Data
Basic Data
Total Area: 514,000 sq km
Thailand is the 51st largest
country in the world.
(Approximately 1/5 of Argentina)
Population: 67.8 million
Political Structure
Form of Government: Constitutional Monarchy
Head of State: King Bhumibol Adulyadej
Head of Government: Prime Minister
(For a maximum of 8 consecutive years)
National Legislature:
- House of Representative (500 members)
- Senate (150 members)
Economic Conditions
GDP (2013): 385 Billion US Dollars
Forecasted GDP of 2014
: 388 Billion US Dollars
Forecasted GDP Growth of 2014
:3-4%
Sources: World Bank, Bank of Thailand, NESDB, etc.
GDP Composition, By Sector
Services: 44.2 %
Wholesale and retail trade, real estate and construction,
transportation and communication, financial sector, hotel
and restaurant
Industries: 43.6 %
Tourism, textiles and garments, agricultural processing,
beverages, tobacco, cement,
light manufacturing such as jewelry and electric
appliances, computers and parts, integrated circuits,
furniture, plastics, automobiles and automotive parts
Agricultural Products: 12.1 %
Rice, cassava (manioc), rubber, corn,
sugarcane, coconuts, soybeans
Inflation: 2.2 % (2013)
Unemployment Rate: 0.9 % (1/2014)
Official Foreign Reserves:
166.7 Billion US Dollars (end of
1/2014)
Doing Business 2014: World’s
#18/189
Number of Foreign Tourists: 26.7
million people
Exports / Imports
Exports (2013)
Imports (2013)
: 225.4 Billion US Dollars
: 219 Billion US Dollars
Top 10 Exports (Jan–Feb 2014):
Auto. Parts & Accessories
Computers, Equipment & Parts
Refined Fuels
Precious Stone & Accessories
Chemical Products
Plastic Pellets
Rubber Products
Rubber
Electronic Circuit Boards
Machinery & Parts
Top 10 Imports (Jan–Feb 2014):
Crude Oil
Machinery & Parts
Electrical Machinery & Parts
Chemicals Products
Iron, Steel & Products
Auto. Parts & Accessories
Electrical Circuit Boards
Computer, Equipment, Parts
Other Metal Ores
Household Electrical Appliances
Major Destinations of Exports:
- ASEAN (20 %)
- China (12 %)
- Japan (10 %)
- US (10 %)
Major Suppliers of Imports:
- Japan (20 %)
- ASEAN (11 %)
- China (15 %)
- Gulf Cooperation Council (7 %)
Source: Ministry of Commerce
Strategic Location
Thailand is situated in the heart of Southeast Asian
mainland.
With modern infrastructures
linking to other subregional
countries. (Cambodia, China,
Laos, Myanmar, and Viet Nam)
Thailand can be the gateway
for trade and investment to
Southeast Asia.
Free Trade Agreements
Thailand signed FTA with: ASEAN, Australia,
BIMSTEC, India, Japan, New Zealand, Peru, Chile.
ASEAN signed FTA with: China, India, Japan,
Republic of Korea, Australia and New Zealand.
Pending Negotiations:
Thai-EU
Source: Ministry of Commerce
Size of Market
Thailand
: 67.8 million people
ASEAN
: 600 million people
ASEAN and Dialogue Partners which signed FTA
with ASEAN (China, Japan, Republic of Korea,
Australia, New Zealand, and India)
: 3,284 million people (half of world
population)
Thailand - Argentina trade value
Million US$
Year
2006
2007
2008
2009
2010
2011
2012
2013
Trade
value
613.54
855.23
971.51
825.24
1,119.25
1,325.29
1,594
2,127.61
Export to
Argentina
351.11
381.65
380.02
383.49
594.46
716.29
943
1,049.45
Import fr
Argentina
262.44
473.58
591.48
441.75
524.79
609.00
651
1,078.16
88.67
-91.93
-211.46
-58.25
69.67
107.29
292
-28.71
Trade
balance
Total trade value jumped up 33.45% in 2013
Import from Argentina increase 66.90%
Thailand deficit 28.71 million US$
Thailand - Argentina trade

Argentina export to Thailand
•
•
•
•

Soybean
Soybean meal (residual after oil extraction)
Meat and meat products
Frozen seafood
Argentina import from Thailand
• Automobile parts
• Electrical appliance TV, air condition
• Machinery parts
Thank you
Thank you