Thailand Focus Royal Thai Embassy Buenos Aires

Basic Data

Total Area: 514,000 sq km Thailand is the 51 st 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 : % 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: 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): Billion US Dollars Imports (2013): 219 Billion US Dollars 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 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

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 : 67.8 million people 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 Year Million US$ Trade value , , ,594 2, Export to Argentina , Import fr Argentina , Trade balance Total trade value jumped up 33.45% in 2013 Import from Argentina increase 66.90% Thailand deficit million US$

Argentina export to Thailand Argentina export to Thailand SoybeanSoybean Soybean meal (residual after oil extraction)Soybean meal (residual after oil extraction) Meat and meat productsMeat and meat products Frozen seafoodFrozen seafood Argentina import from Thailand Argentina import from Thailand Automobile partsAutomobile parts Electrical appliance TV, air conditionElectrical appliance TV, air condition Machinery partsMachinery parts Thailand - Argentina trade

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