Organization of Islamic Cooperation (OIC) - Observer State
Standing Committee for Economic and Commercial Cooperation (COMCEC) - observer country
Global Organizations:
WTO;
IMF;
UN
UNCTAD;
ITC;
UNCITRAL;
WIPO.
WB;
Pacific Economic Cooperation Council (PEEC).
The Kingdom of Thailand.
Thailand enjoys a strategic location in the centre of the ASEAN region, in the Greater Mekong sub-region (Asia);
Population of Thailand: 67.2 million people;
Thai Capital: Bangkok;
Official language of Thailand: Thai;
75% of the population are Thai;
Type of Government: Constitutional monarchy (military junta);
Thai Area: 513,120 km²;
Borders of Thailand: Cambodia, Laos, Malaysia, and Myanmar
Maritime
boundaries: Vietnam, Indonesia, and India.
The main religion of Thailand: TheravadaBuddhism (95% of the population, 64
million).
Islam (4%).
Thailand belongs to the Buddhist Civilization
Thai Economy
Thailand is one of the founding members of the APEC;
Thailand is located in one of the largest growing economic regions in the World;
Thailand is a newly industrialized country;
Thailand is a gateway to the ASEAN Continental Markets (Laos, Myanmar, and Cambodia);
All the global car makers, assemblers, and components producers are established in Thailand: Ford, General Motors, BMW, Daimler Chrysler, Mitsubishi, Mazda, Toyota, Isuzu, Honda, and Nissan (1.4 million vehicles produced);
The Kingdom of Thailand is the largest one-ton pickup
lorries manufacturer
in the World and the seventh largest automotive exporter;
Thai electronics industry is another pillar of the Thai economy (30 billion dollars, 30% of export revenues of Thailand);
Thailand is the largest production base for electrical appliance industry in the ASEAN (Association of Southeast Asian Nations) region;
Thai Currency: Baht (THB).
The Economic activities in Bangkok (20% of the population of the Kingdom of Thailand) represents 60% of the gross domestic product of Thailand.
Bangkok is competing with Singapore to become a regional hub for Air transport within the Southeast Asia region;
Bangkok is a first-class health
care centre in the ASEAN Region.
International Trade of Thailand.
Top export products of Thailand: processed and frozen food, agricultural export products, electronics, electrical appliances, furniture, fashion garments and textiles, and auto parts and accessories;
Top Thai electronics exports are hard-disk and integrated circuits (54% and 29% of total electronic exports);
Thailand is the second largest hard-disk drive exporter in the World;
The main
export markets of the Kingdom of Thailand
are the U.S., Japan, European Union, Association of Southeast Asian Nations ASEAN (Indonesia, Malaysia, the Philippines, Singapore, Brunei, Vietnam, Laos, Myanmar, and Cambodia), India, and the People's Republic of China.
(c) EENI Global Business School (1995-2023)
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