Thailand is a newly industrialized country. Its economy is heavily export-dependent and its exports account for more than two-thirds of its GDP. Nowadays the country is home to a broad range of profitable, low-priced, and innovative products for international retailers, importers and wholesalers. The main export destinations are the rest of Asia and the US.
Here are the top 5 products to export from Thailand.
1. Gems & Jewelry
Thailand is famous for its amazing designs, manufacturing and craftsmanship. The country is one of the top exporters of gems and jewelry. The products are often showcased to the regional and international markets. The most popular fair is the Bangkok Gems and Jewelry Fair, which is held twice very year.
Whether you are looking to get your own gems or precious stones cut and designed, consider Thailand as the best place to get jewelry due to its low labor costs and skilled craftsmen.
2. Thai Silk
Thailand is famous for its fine and high-quality fabric, which is hand-woven, making it extremely unique. Its supple lightness have historically had more prestige and value than gold.
The use of Thai silk is vast as it is used can create magnificent and beautiful decoration and handicraft coverings, sheets and of course clothing.
3. Food & Beverage
Having an aim to become the ‘Kitchen of the World’, Thailand is one of the top exporters of canned/frozen foods and ready-to-eat meals. The country offers tasty, high quality, and inexpensive foods, having a competitive advantage in food-processing technology.
Apart from meals, there are plenty of exotic fruits, vegetables and beverages that Thailand has to offer the international buyers.
4. Artificial or Fresh Flowers/Orchids
Thailand is populated with a wide variety of fresh and artificial orchids. The range of colors, designs, and styles make orchids a very popular and sought-after item. Fresh flowers are specially wrapped with a water source when shipping to international destinations and can last at least a week in containers till they reach their target market.
These beautiful flowers are quite inexpensive and are often used for decorations, wedding ornaments or simply livening up your gardens.
5. Spa & Cosmetic Products
Today Thai cosmetic and spa industry is booming and it is gaining popularity overseas. There is a huge recognition for products that follow health and safety standards. The quality of the products has improved, while prices remain relatively the same. Herbs such as extracts from lemongrass or turmeric peel in particular have high potential for export. The Health and Beauty Show are attended by a great number of internationals buyers every year.