M31 NEWS

Thailand trade and customs

Customs rules, tariffs and logistics changes affecting trade with Thailand.

Thailand and Switzerland Target January 2070 EFTA FTA Implementation to Boost Trade and Investment

On October 16, 2026, Thailand's Deputy Prime Minister and Commerce Minister Supachai Jaturapattarawongse hosted Helene Budliker Artieda, State Secretary of the Swiss Federal Department of Economic Affairs (SECO), along with executives from leading Swiss companies. The meeting…

Thai Commerce Minister Welcomes ICC Secretary-General to Discuss SME Export Growth

Vice Prime Minister and Commerce Minister Supachai Jaturapattarapong met with John W.H. Denton AO, Secretary-General of the International Chamber of Commerce (ICC), to discuss strategies for helping Thai SMEs access foreign markets and financing. The meeting involved officials…

Thailand to Boost Productivity and Value Addition Amid Global Shifts

Dr. Kirida Paopichit, Deputy Minister of Commerce, outlined Thailand's strategy at the JFCCT Affiliated Program during the IMF and World Bank Annual Meetings in Bangkok. Emphasizing geopolitical, technological, and environmental changes, she highlighted six key strengths:…

Thailand Plans Measures to Boost Rice Exports Amid Declining Shipments

The Commerce Ministry outlined plans on October 20, 2026, to strengthen rice exports following a 19.26% year-on-year drop in shipments during January–September 2026. Poonpong Naiyanapakorn, permanent secretary for commerce, discussed the 2026 outlook with Chookiat Ophaswongse of…

US Service Trade Surplus Widens in August 2026 Amid Growth in Intellectual Property and Business Services

The US Bureau of Economic Analysis data, as reported by the US Commercial Service in Washington, shows that total US service trade from January to August 2026 reached $149.182 billion, a 5.18% increase year-on-year. Exports were $86.87 billion (up 6.24%) while imports were…

Austrian Economic Outlook for 2026-2027 Shows Gradual Recovery Amid High Inflation and Fiscal Pressures

The Austrian Institute of Economic Research (WIFO) and the Institute for Advanced Studies (IHS) released forecasts for Austria's economy in 2026-2027, projecting gradual GDP growth with inflation remaining above the European Central Bank's 2.0% target due to energy crises and…

Cambodia Prime Minister Hun Manet Visits Turkey to Boost Defense Cooperation and Trade

Cambodian Prime Minister Hun Manet visited Turkey as part of a three-nation tour including Azerbaijan and Kazakhstan. During the trip, he attended the Cambodia-Turkiye Business Forum organized by the Turkish International Contractors Association (DEIK) and met with President…

K-Beauty Market in UK Sees 65% Growth Driven by Innovation and Value

According to Circana data cited by the Thai Trade Office (TTO), K-Beauty sales in the UK grew by 65%, driven by consumer confidence in new innovations and value for money. Major retailers like John Lewis, Boots, Superdrug, Sephora UK, and Primark are expanding their offerings. A…

Slovakia's Meat Processing Sector Returns to Strong Profits Led by Five Major Companies

Five leading companies in Slovakia's meat and poultry processing industry have returned to significant profitability, with revenues ranging from 150 million to 200 million euros per company. This turnaround is attributed to rising food prices, lower livestock feed costs, and an…

US Service Trade Surplus Widens in August 2026 Amid Growth in Intellectual Property and Business Services

The US Bureau of Economic Analysis data, as reported by the US Commercial Service in Washington, shows that total US service trade from January to August 2026 reached $149.182 billion, a 5.18% increase year-on-year. Exports were $86.87 billion (up 6.24%) while imports were…

Yunnan Province Sees Record Tourism Revenue During Chinese National Day Holiday

According to the Yunnan Provincial Department of Culture and Tourism, the region welcomed 20,549,600 tourists during the Chinese National Day holiday, generating total tourism revenue of 21,966 million yuan. This represents an increase of 4.8% in visitor numbers and 4.5% in…

Global Supply Chain Reconfiguration Opens Trade Opportunities for Thailand Amid Rising Geopolitical Risks

Thailand's National Economic and Social Development Council (NESDC) reports that global supply chain reconfiguration presents new trade and investment opportunities driven by Thailand's geographic location, production base, infrastructure, and trade networks. However, the agency…

China's Yunnan and Hainan Regions Advance Durian Cultivation with Record Yields and New Harvest Events

On September 4, 2026, a durian harvest and tasting event was held for the first time in Jinping County, Yunnan Province, China, where samples tested showed sugar content up to 32.9% and quality grade AB. Meanwhile, on September 16, 2026, a similar event occurred in Menghuan…

EU Input Factor Prices Fluctuate in August-September 2026 Amid Middle East Tensions

The Department of Commerce in Brussels reports that prices for key EU input factors—fuel, electricity, fertilizer, and plastics—shifted between August and September 2026. Fuel prices rose overall due to ongoing Middle East conflict uncertainty, while electricity costs climbed…

Japan Designates FoodTech as Strategic Priority Amid Low Self-Sufficiency

Prime Minister Sanae Takaichi has designated FoodTech, defined as the integration of food and technology, as one of Japan's 17 strategic industries. The initiative rests on four pillars: Plant Factories, terrestrial aquaculture, food processing machinery (estimated at 1.2…

Vietnam's Vinachem Resumes $492 Million Potash Project in Laos with 2028 Production Target

On October 12, 2026, National Chemical Group of Vietnam (Vinachem) held a ceremony to restart its potash mine and processing plant project in Nong Bok district, Khammouane province, Laos, after a nearly 10-year suspension. The facility aims to begin production in 2028 with an…

Nigeria's Agriculture Sector Grows 4.39% in Q2 2026 Amid Policy Reforms

The Nigerian government reports a 4.39% growth in its agriculture sector for the second quarter of 2026, driven by continuous reforms and investments. Deputy Minister Aliyu Sabi Abdullahi highlighted that crop production expanded by 3.66%, marking a return to strong growth since…

LOT Polish Airlines Restores Direct Flight Route to Bangkok

On October 7, 2026, LOT Polish Airlines launched its inaugural flight from Warsaw Chopin Airport to Bangkok, Thailand. The event was attended by the Ambassador of Poland in Warsaw and the Director of the Tourism Authority of Thailand (TAT) Office in Prague, Czech Republic. This…

Taiwan Economy Forecast Reaches 40-Year High on AI Export Surge

The Chung-Hua Institution for Economic Research (CIER) has revised its forecast for Taiwan's 2026 economic growth to 12.16%, marking the highest level in nearly 40 years since 1988. This third upward revision for the year attributes half of the growth to domestic demand and half…

Thailand's Soft Power Study Highlights Beauty, Digital Content as Key Export Growth Areas

The Trade Negotiation Committee (TNC) of Thailand's Ministry of Commerce released a study indicating that the country possesses significant potential in natural and cultural capital to drive export value through soft power. The research identifies beauty products, fragrances,…