• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 637.6mn
FDI inflow over April 2000 to March 2021

US$ 9,919.86mn

Bilateral trade during FY2020-21

195,000
NRIs/PIOs currently live in Thailand

Bilateral Ties

India’s ‘Act East’ policy has been complemented by Thailand’s ‘Act West’ policy in bringing the two countries closer and fostering partnerships.

Multilateral Ties

India-Thailand relations have been driven by exchanges at ASEAN, East Asia Summit (EAS), BIMSTEC, Indian Ocean Rim Association (IORA), etc.

Trade

India-ASEAN Agreement in Trade in Goods was implemented in 2010, India-ASEAN FTA in Services and Investments came into force in 2015.

Trilateral Highway

India–Myanmar–Thailand Trilateral Highway is under construction that will connect Moreh, Manipur, India with Mae Sot, Thailand, via Myanmar

Tourism

India is one of the biggest contributors of annual foreign tourist inflow into Thailand, driven by beautiful scenic beauty and distinct food and culture.

India's Exports and Imports to Thailand

Values in US$ Million

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 3,464.83 2,987.86 3,133.44 3,653.83 4,441.40
2 %Growth -13.77 4.87 16.61 21.55
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 1.12 1.14 1.14 1.2 1.35
6 IMPORT 5,865.88 5,510.16 5,415.40 7,134.46 7,441.81
7 %Growth -6.06 -1.72 31.74 4.31
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 1.31 1.45 1.41 1.53 1.45
11 TOTAL TRADE 9,330.71 8,498.03 8,548.84 10,788.29 11,883.21
12 %Growth -8.92 0.6 26.2 10.15
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 1.23 1.32 1.29 1.4 1.41
16
TRADE BALANCE
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

Thaitrade.com

+66-2507-7825

Visit Website

563 Nonthaburi Road, Bang Kra Sor, Nonthaburi 11000, Thailand

Department of International Trade Promotion

+66-2091-8300

Visit Website

Thailand. 563 Nonthaburi Road, Bangkrasor, Nonthaburi 11000

Joint Foreign Chambers of Commerce

+66-2713-1175

Visit Website

1035/22 3rd Floor, Soi Pridi Bhanomyong 41 Sukhumvit 71 Road North Klongton Wattana, Bangkok 10110 Thailand

Thailand Board of Investment

+66-2553-8111

Visit Website

555 Vibhavadi-Rangsit Road, Chatuchak Bangkok 10900 Thailand

India-Thai Chamber of Commerce

+66 2287-3001/2

Visit Website

No. 13, Sathorn Soi 1, Thungmahamek Sathorn, Bangkok, Thailand, 10120

Embassy of India, Bangkok

+66-2258-0300/6

Visit Website

46, Prasarnmitr, Sukhumvit, Soi 23, Bangkok – 10110

Commercial Representative

;

+66-2258-0029

Economic & Commercial Wing, Embassy of India, Bangkok

Consulate of India, Chiang Mai

+66-53-441-618

Visit Website

172, Moo 5, Sanpakwan, Hang Dong, Chiang Mai -50230,Thailand

Opportunities

Agricultural exports

    Spirits obt. by distilling grape wine/grape marc (220820)
    Whiskies (220830)

    agriexchange.apeda.gov.in

    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

    agriexchange.apeda.gov.in

    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)

    agriexchange.apeda.gov.in

    Pasta (excl. of 1902.11-1902.20) (190230)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Grapes, fresh (080610)
    Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
    Manioc (cassava) (071410)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)

    agriexchange.apeda.gov.in

    Fish; frozen, albacore or long finned tunas (Thunnus alalunga), excluding fillets, livers roes, and other fish meat of heading 0304 (030341)
    Fish; frozen, n.e.c. In heading 0303, excluding fillets, livers, roes, and other fish meat of heading 0304 (030389)
    Fish; frozen, skipjack or stripe-bellied bonito, excluding fillets, livers, roes, and other fish meat of heading 0304 (030343)
    Fish; frozen, yellowfin tunas (Thunnus albacares), excluding fillets, livers, roes, and other fish meat of heading 0304 (030342)
    Molluscs; cuttle fish and squid, whether In shell or not, frozen, dried, salted, in brine, or smoked, cooked or not before or during the smoking process (030749)

    fishexchange.mpeda.gov.in

    GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN-IN SHELLED WHETHER OR NOT BROKEN (120242)

    agriexchange.apeda.gov.in
Minerals

    Production: 1,517,228 tons
    Export: US$ 28.27 million

    dpim.go.th

    Production: 36,216,000 tons
    Export: US$ 218 million

    USGS Reportusgs.govoec.world

    Production: Cement Clay – 5,837,807 tons

    dpim.go.th

    Production: Lignite- 14,851,950 tons

    dpim.go.th

    Production: 8,785,857 tons
    Export: US$ 510 million

    USGS Reportusgs.govoec.world

    Production: 3,440,193 tons
    Export: US$ 15.76 million

    dpim.go.th

    Production: 1,117,803 tons
    Export: US$ 18.36 million

    dpim.go.th

    Production: 9,680,429 tons
    Export : US$ 113.52 million

    dpim.go.th

    Limestone:

    Production:180,598,116 tons
    Export: US$ 7.58 million

    Calcite:
    Production: 1,467,822 tons

    dpim.go.th

    Production: 37,383 million cubic meters
    Export: US$ 137 million

    USGS Reportoec.world

    Production: 57,240,000 tons
    Export: US$ 2.52 billion

    USGS Reportusgs.govoec.world

    Production: Salt – 1,497,223 tons
    Export: Salt – US$ 7.47 million

    Production: Rock Salt – 1,487,364 tons

    Export: Rock Salt – US$ 0.08 million

    wmc.org.ploec.worlddpim.go.th

    Production: Glass Sand – 1,557,218 tons

    dpim.go.th

    Production: 6,715,747 tons

    dpim.go.th

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Thailand
  • Electrical machinery
  • Automobile component
  • Rubber and gum
  • Chemicals
  • Scrap metal
India's top export to Thailand
  • Meat and meat products
  • Dried fruits and spices
  • Pharmaceuticals
  • Frozen fish
  • Flat-rolled metal

Bilateral Investors

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