Thailand in Brief

1. Thailand in Brief JakarinSrimoon, Ph.D. Dean, International College Executive Director, SEA-LAC Trade Center University of the Thai Chamber of Commerce Email: jakarinsrm@yahoo.com

4. ASEAN Fast Facts ASEAN population is 9% of the world’s population 604 million people ASEAN+3 population is 31% of the world’s population 2.13 billion people ASEAN+6 population is 49% of the world’s population 3.36 billion people ASEAN GDP is 3.1% of the world’s GDP US$ 2.18 trillion ASEAN+3 GDP is 24% of the world’s US$ 16.46 trillion ASEAN+6 GDP is 28% of the world’s US$ 19.79 trillion ASEAN+3 trade is 24% of world’s trade US$ 8.79 trillion ASEAN+6 trade is 28% of world’s trade US$ 10.14 trillion Source: http://investasean.asean.org/

6. Key Facts and Demographics Total area 513,115 km2 Time zone +7 GMT Language Thai Religion Theravada Buddhist Population 67 million Labor Force 39.64 million Neighbours: Cambodia, Laos, Malaysia, Myanmar Capital City: Bangkok (Krung Thep) Primary Port: Bangkok Primary Airport: Suvarnabhumi Currency Baht (THB) Source: CIA World Factbook

8. Politics Country name: conventional long form: Kingdom of Thailand conventional short form: Thailand Government type constitutional monarchy Legal system civil law system with common law influences Head of stateKing BhumibolAdulyadej Head of government YingluckShinawatra

10. Economy Key Macro Economic Indicators and Forecast Source: IHS Global Insight 2014

12. Agricultural Products rice, cassava (manioc), rubber, corn, sugarcane, coconuts, soybeans GDP Composition, by Sector Industries 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 Top-10 Sectors Ranked by Value Added

13. Thailand Key Industries • Agriculture-Thailand and ASEAN is one of the most productive agricultural baskets in the world. In 2012, the region produced 129 million tons of rice, 40 million tons of corn, 171 million tons of sugarcane, 1.44 million tons of soybean, and 70.34 million tons of cassava • Air Travel-The move towards an ASEAN Single Aviation Market boosted infrastructure investment and aviation development plans in the region. Thailand is a hub of air transportation of ASEAN and ASIA • Automotive-The auto industry in Thailand and ASEAN have exhibited strong growth over the last few years. Combined motor vehicle sales in 6 major ASEAN countries (Indonesia, Malaysia, Thailand, Philippines, Viet Nam, and Singapore) reached an all time high of 3.5 million units in 2012, almost double of sales figures in 2007 which is 1.9 million units. Production of motor vehicles rose 41.5% year-on-year between 2011 and 2012.  • Electronics-The electronics sector accounts for 20% to 50% of the total value of exports of most countries in Asia. High quantities of the world’s consumer electronics like televisions, radios, computers, and cellular phones come from the ASEAN region. More than 80% of the world’s hard drives are made in Thailand and ASEAN. Source: http://investasean.asean.org/

15. Thailand Key Industries • Fisheries-ASEAN has been a major producer of fish and other fisheries products. Combined, the 10 ASEAN countries accounted for a quarter of global fish production. Of the world’s top ten largest fish producers, four are from ASEAN - Indonesia, Thailand, Viet Nam, and the Philippines. • Tourism-ASEAN and Thailand is the fastest growing destination-region in the world, followed by South Asia. • Textile and Apparels-Textile is one of the largest export products from ASEAN, amounting to almost US$ 10 billion in 2011. • Healthcare-Thailand’s evolving demographics and lifestyle is driving changes in the healthcare sector. • Logistics -investors are presented with wide ranges of possibilities as ASEAN and Thailand pursue improved connectivity through various modes and access to ports, sophisticated logistics services, and skilled professionals in all aspects of supply chains. Source: http://investasean.asean.org/

16. International Trade Exports $229.1 billion (2013 est.) Export –Commodities electronics, computer parts, automobiles and parts, electrical appliances, machinery and equipment, textiles and footwear, fishery products, rice, rubber Exports-Partners China 11.7%, Japan 10.2%, US 9.9%, Hong Kong 5.7%, Malaysia 5.4%, Indonesia 4.9%, Singapore 4.7%, Australia 4.3% Imports $223 billion (2013 est.) Import –Commodities capital goods, intermediate goods and raw materials, consumer goods, fuels Imports-Partners Japan 20%, China 14.9%, UAE 6.3%, Malaysia 5.3%, US 5.3% Source: CIA World Factbook

17. Free Trade Agreements

18. Trade Integration Trans-Pacific Network of FTAs that are already in Force or Negotiation Source: ASEAN Foundation

19. Doing Business in Thailand Source: World Bank 2014; World Economic Forum 2014

20. Why Invest to Thailand Competitive workforce Strong Business Climate Hub of Asia Excellent Logistics Systems Attractive Investment Incentives

21. Thailand-Argentina Bilateral Trade Unit $US Source: Trade Map • Export-Main Products • Electrical, electronic equipment • Vehicles • Machinery, nuclear reactors, boilers • Iron or Steel • Rubber • Import-Main Products • Animal Feed • Oil seed, oleagic fruits, grain, seed, fruit • Raw hides and skins • Vehicles • Fish, crustaceans, molluscs, aquatic invertebrates

24. Muchas Gracias! Welcome to Thailand!