- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
2023 marked 76 years of India-Thailand diplomatic relations.
Bilateral Trade has jumped 34.28% just in the last two years.
Air connectivity is growing with up to 330 flights per week.
India offered 72 scholarships to Thai students in 2018-19.
US$ 1,172 million
FDI inflow over April 2022 to September 2022
US$ 11,698 million
The trade figures between April-November 2022
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
Source: Department of Commerce
Country / Region: THAILAND
| S.No. | \Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 4,441.40 | 4,299.30 | 4,237.59 | 5,751.30 | 5,709.81 |
| 2. | %Growth | -3.20 | -1.44 | 35.72 | -0.72 | |
| 3. | India’s Total Export | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 | 450,958.43 |
| 4. | %Growth | -5.06 | -6.88 | 44.62 | 6.86 | |
| 5. | %Share | 1.35 | 1.37 | 1.45 | 1.36 | 1.27 |
| 6. | IMPORT | 7,441.81 | 6,788.38 | 5,682.27 | 9,332.59 | 11,193.36 |
| 7. | %Growth | -8.78 | -16.29 | 64.24 | 19.94 | |
| 8. | India’s Total Import | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 | 714,042.45 |
| 9. | %Growth | -7.66 | -16.91 | 55.43 | 16.47 | |
| 10. | %Share | 1.45 | 1.43 | 1.44 | 1.52 | 1.57 |
| 11. | TOTAL TRADE | 11,883.21 | 11,087.67 | 9,919.86 | 15,083.88 | 16,903.18 |
| 12. | %Growth | -6.69 | -10.53 | 52.06 | 12.06 | |
| 13. | India’s Total Trade | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 | 1,165,000.88 |
| 14. | %Growth | -6.64 | -12.92 | 50.83 | 12.55 | |
| 15. | %Share | 1.41 | 1.41 | 1.45 | 1.46 | 1.45 |
| 16. | TRADE BALANCE | -3,000.42 | -2,489.08 | -1,444.68 | -3,581.29 | -5,483.55 |
| 17. | India’s Trade Balance | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 | -263,084.03 |
Note:Since 2006-07, Petroleum figures are being computed from Import Daily trade Returns (DTRs) to genetate country-wise/port-wise tables. Up to 2005-06 consolidated petroleum import figures were being received from the Petroleum Ministry.
Thaitrade.com
+66-2507-7825
563 Nonthaburi Road, Bang Kra Sor, Nonthaburi 11000, Thailand
Department of International Trade Promotion
+66-2091-8300
Thailand. 563 Nonthaburi Road, Bangkrasor, Nonthaburi 11000
Joint Foreign Chambers of Commerce
+66-2713-1175
1035/22 3rd Floor, Soi Pridi Bhanomyong 41 Sukhumvit 71 Road North Klongton Wattana, Bangkok 10110 Thailand
Thailand Board of Investment
+66-2553-8111
555 Vibhavadi-Rangsit Road, Chatuchak Bangkok 10900 Thailand
India-Thai Chamber of Commerce
+66 2287-3001/2
No. 13, Sathorn Soi 1, Thungmahamek Sathorn, Bangkok, Thailand, 10120
Embassy of India, Bangkok
+66-2258-0300/6
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
172, Moo 5, Sanpakwan, Hang Dong, Chiang Mai -50230,Thailand
