The third largest economy in the Association of Southeast Asian Nations – a regional intergovernmental organization comprising ten Southeast Asian countries that promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and socio-cultural integration among its members – Thailand is home to over 50,000 British residents, and the export of UK goods is worth around £1.96 billion a year. Service exports from the UK are worth around £708 million annually.
Top exports from the UK to Thailand include:
- iron and steel
- road vehicles
- electrical machinery
- power generating machinery and equipment
- medicinal and pharmaceutical
If you think the Thai market could be good for your business, here’s everything you need to know about exporting to Thailand.