What is the best product to import from Thailand?

What is good to import from Thailand?

Following are the major products that can be imported from Thailand : Nuclear reactors, boilers, machinery, etc, Electrical, electronic equipment, Organic chemicals, Iron and steel, Inorganic chemicals, precious metal compound, isotope .

Which product Thailand import the most?

Thailand’s Top Imports

  • Crude petroleum – $23.7 billion.
  • Gold – $7.94 billion.
  • Petroleum gas – $6.96 billion.
  • Refined petroleum – $4.94 billion.
  • Refined copper – $2.57 billion.

What is good to export from Thailand?

Thailand Exports Rise the Most in 3 Years

The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important.

How much is import duty in Thailand?

Thailand’s average bound tariff for non-agricultural products is approximately 25.6%. Thailand levies high tariffs on goods such as: 80% on motor vehicles, 60% on motorcycles and certain clothing products, 54% to 60% on distilled spirits, and 30% on certain articles of plastic and restaurant equipment.

What is Thailand’s biggest industry?

Exports and tourism are the main drivers of Thailand’s growth. The tourism sector grew by 7.5% in 2018 while exports saw a 7.2% growth. Its key exports are automotive and electronic goods, as well as agricultural products such as rice, rubber, sugar and tapioca.

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What is Thailand’s number 1 export?

Searchable List of Thailand’s Most Valuable Export Products

Rank Thai Export Product 2020 Value (US$)
1 Gold (unwrought) $13,202,753,000
2 Computers, optical readers $11,692,037,000
3 Cars $8,221,905,000
4 Integrated circuits/microassemblies $7,101,079,000

What do you have to declare at customs Thailand?

200 cigarettes or 250 g of tobacco per person (blocks must be in different bags). 1 L of alcohol (it doesn’t depend on alcohol proof). Items for personal use with value up to 80000 Baht. 1 camera or video camera.

How do I import food into Thailand?

A license is required in order to import food into Thailand. A licensed importer may import various kinds of food providing that they are approved by the Thai FDA. The designated storage or warehouse has to be inspected and approved by the Thai FDA before a license is issued.

Why do I need an import license?

Import licences are designed to regulate and control certain types of goods entering the UK’s borders. They’re mainly issued by the UK Government’s Department for International Trade, at its Import Licensing Branch. However, some types of import licence are issued by other bodies.