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Thailand

EDC Position-restricted select programs

EDC's Position

  • Key EDC Market
  • Responsive approach to business
  • Open on a restricted basis under select programs

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Country At A Glance

Map of Thailand
Map of Thailand

Country Facts

Nominal GDP395.17 Billion USD
Population67.40 Million
Total Trade/GDP126.80%
CurrencyThai Baht (THB)
Merchandise Imports from Canada889.75 Million CAD
Canadian direct investment233 Million CAD
Main importsMachinery & Equipment, Mineral Fuels, Manufactured Goods, Chemicals

EDC in Thailand

Canadian companies assisted147
International buyers insured131
Business volume332.35 Million CAD

Business Environment

With the passing of country’s 88 year old King Bhumibol in October 2016, Thailand has entered an official mourning period of possibly up to one year. Although the current political climate presents some degree of uncertainty for foreign investors, Thailand's relatively strong infrastructure, business-friendly and pro-investment policies continue to encourage investment inflows and support sustained economic success. Being strategically located in the heart of Southeast Asia, Thailand presents a full range of export and trade opportunities for Canadian businesses across multiple sectors. Canadian companies doing business with or working on projects connected to the sovereign should remain vigilant and exercise caution.

Key Industries

  • Advanced Security
  • Aerospace
  • Automotive & Heavy Truck
  • Oil & Gas
  • Telecom

How we can support your business

Through our representation in Singapore, we provide regional support to Canadian companies planning on or currently doing business in Thailand. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.

 

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Country Risk Quarterly

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