Export Growth in Thailand Predicted at a 2-3% Rate

Updated on Tuesday 21st March 2017

Export Growth in Thailand Predicted at a 2-3% Rate Image
With a stable economy and positive financial results in numerous important industries, Thailand continues to encounter growing exports which are predicted to meet 2-3% increase rate this year. Before we enter into details we remind that our Thai company formation specialists are more than ready to offer help and guidance for businessmen who want to start their activities in Thailand. Besides that, you can receive guidance if you want to open a company in Thailand.

Stable exports in Thailand in 2017

The numerous and significant changes in the worldwide politics did not affect the fruitful businesses in Thailand and the strong collaborations with countries abroad. More than that, it has been registered a 5% growth in exports for January this year, due to low oil prices, according to experts and statistics. Authorities in Thailand are expecting a prolific evolution in exports in the first quarter of this year, counting around 2% growth rate, and about 3-4% increase in the second one. About BHT 600 million were registered this year in January as profit on exports in Thailand, the authorities considering that the same trend will be recorded for the following years.

We remind that you can receive guidance in the company registration procedure in Thailand, from our advisors. If you want to open a company in Thailand, it is best to solicit proper assistance.

Paying more attention to border services in Thailand in 2017

There have been numerous reforms and improvements regarding the customs proceedings, in order to simplify them as much as possible and to speed up the authorization of goods at the border. The same important project regards the improvement of customs officials' collaborations because it is significant to minimize the waiting period of introducing the goods in the specific country which concluded business with Thailand.

We invite you to contact our team of company formation experts in Thailand for complete assistance when setting a company in Thailand. You can rely on our services and you can ask for guidance in the company registration process in Thailand.

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