Thailand matters to Australia. It is the second largest economy in South East Asia, our 6th largest
two-way trading partner, 7th highest source of international students
and a top 20 source of FDI. What differentiates Thailand from other ASEAN
nations is its sheer market size, the diversity of its industrial sector
and its position as a regional manufacturing hub.
Thailand offers an attractive business environment among the high-growth
Southeast Asian countries and is rated third in the region for ease of
doing business in the World Bank's Ease of Doing Business index in 2018
Doing Business 2018
, The World Bank).
Thailand is a regional and global manufacturing hub for vehicles,
automotive components, consumer electronics, and processed food and
beverages. It is also a leading exporter of agricultural commodities
(particularly rice, palm oil, rubber, sugar and seafood).
The government of Thailand has announced a “Thailand 4.0” development plan
to encourage investment into a value-based, digital, innovation-driven and
services-based economy. Australia is well-positioned to participate in
Thailand’s economic transformation, especially within the government’s ten
targeted industries including automotive, electronics, high-value tourism
and medical tourism, efficient agriculture, food innovation, automation and
robotics, aerospace, bio-enegy and bio-chemicals, digital and medical and
More information on doing business in Thailand
ASEAN NOW – Insights for Australian Business
A digital report on Australia’s trade and investment relationship with ASEAN.
- Why ASEAN matters to Australia
- What’s driving growth
- Opportunities by ASEAN market
- Practical tips and assistance
- Case studies.