Market profile

Australia's trade and economic relationship with Thailand has grown strongly since the entry into force of the Thailand-Australia Free Trade Agreement (TAFTA). Australia continues to work with Thailand on the implementation of TAFTA.

On 22 May 2014, Thailand Army chief General Prayuth Chan-ocha assumed control of the country in a military intervention following months of political deadlock between opposing sides. This has caused levels of uncertainty towards political and economic outlook amongst local businesses and foreign investors alike. After months of stabilisation, the business situation in the Kingdom has shown signs of recovery.

The new administration has demonstrated a commitment to:

  • free market principles
  • more integration with the Greater Mekong Subregion, ASEAN and Northeast Asia
  • establishment of a value-added innovation-driven economy
  • upgrading and expanding connectivity and infrastructure
  • launch of digital technology platforms.

More information on doing business in Thailand

Why ASEAN and why now?

Why ASEAN and why now? Insights for Australian Business. A joint Austrade-DFAT publication examining Australia’s trade relationship with the Association of Southeast Asian Nations (ASEAN), the opportunities and challenges for Australian business engaging with the region and the future of the Australia-ASEAN trade relationship.

Access the publication

Thailand's market insights and opportunities

Facts

  • Imports from Thailand A$13,939 million
  • Exports to Thailand A$5,987 million
  • Capital Bangkok
  • Official Language Thai
  • Area 510,890 sq km
  • Population 68.7 million

Events

Australia Future Unlimited: Education Agent Business Matching, Bangkok, Thailand 2016
7 Jul 2016
Establish or extend your education agent network in Thailand by having one-on-one business meetings ...

More Events

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Thailand and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

 

Australia's trade at a glanceAustralia's top ten trading partners

Free Trade Agreement

Information on Trade Agreements in force and in negotiation, plus market videos detailing insights and opportunities.

» read more at DFAT

Business risks

Bribery of Foreign Officials

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government.

IP Passport fact sheets

These fact sheets outline foreign Intellectual Property (IP) regimes and some of the issues and challenges which may be faced by Australian exporters.

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

APEC Business Travel Card Scheme

Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.

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