Evaluating the market in Thailand

We can help you get a better understanding of market activity, relationships and support to grow your business.

Business environment in Thailand

Medium-to-long term political stability is elusive due to deeply rooted tensions within Thailand’s society and political system. That uncertainty combined with sluggish domestic demand, weak private investment and slow exports has resulted in the country’s economy underperforming. To help spur economic growth, the military-led government is planning large scale infrastructure investments. While a full range of export and trade opportunities exist across multiple sectors, Canadian companies doing business with or working on projects connected to the sovereign nation should remain vigilant and exercise caution.
  • Advanced Security
  • Aerospace
  • Automotive & Heavy Truck
  • Oil & Gas
  • Telecom

Here’s a helpful tip for doing business in Thailand

Expect your customer relationships to build slowly, with several meetings taking place before truly getting down to business – and be prepared for the bargaining negotiating style that Thais are fond of.

Unlock key contacts in Thailand when you download our Market Entry Advisor Guide.

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC