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Thailand

EDC Position-restricted select programs

EDC's Position

  • Key EDC Market
  • Reactive 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 GDP387.21 Billion USD
Population67.01 Million
Total Trade/GDP143.85%
CurrencyThai Baht (THB)
Merchandise Imports from Canada759.53 Million CAD
Canadian direct investment188 Million CAD
Main importsMachinery & Equipment, Mineral Fuels, Manufactured Goods, Chemicals

EDC in Thailand

Canadian companies assisted144
International buyers insured234
Business volume283.68 Million CAD

Business Environment

Canada and Thailand have a well-established trade and investment relationship. Although the current political landscape resulting from the May 22, 2014 military coup presents some degree of uncertainty for foreign investors, Thailand's relatively  strong infrastructure, increasingly  business-friendly economy and pro-investment policies continue to encourage investment inflows and continued 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. Until a new government is installed, Canadian companies doing business with or working on projects connected to the sovereign should exercise extra caution and ensure that new contracts signed will survive a change in regime if and when it happens.

Key Industries

  • Automotive & Heavy Truck
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Oil & Gas
  • Power
  • Rail

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.
 

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