Asia ยท Country profile
Thailand
India-Thailand trade corridor: $19.3B bilateral trade, $8.9B FDI into India.
$19.3B
Trade with India
+5.8% YoY
$558.0B
GDP
Nominal
$8.9B
FDI into India
Cumulative
+$1.5B
Trade balance
India surplus
Top exports to Thailand
- IT hardware
- Refined petroleum
- Organic chemicals
Top imports from Thailand
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $19.3B ยท 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Thailand stories
Trade5h ago6 min read
India-Thailand bilateral trade hits a new quarterly high
FDI8h ago7 min read
Thailand investors commit fresh capital to Indian manufacturing
Policy11h ago3 min read
Revised tariff schedule for India-Thailand goods notified
Technology14h ago4 min read
India and Thailand deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 4% to 3% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 6 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Thailand Business Forum
Mar 2027 ยท New Delhi
Delegation
Trade delegation to Thailand
Nov 2026 ยท Thailand
Buyer meet
Thailand buyers-sellers meet
Dec 2026 ยท Mumbai
Policy
Joint working group on market access
Feb 2027 ยท Virtual
Opportunity sectors
๐S04Animal Husbandry, Dairying & Fisheries16% projected demand growth๐งฌS09Biotechnology23% projected demand growth๐ท๏ธS14Consumer Brands26% projected demand growth๐S19E-Commerce17% projected demand growth๐ฒS24Environment, Forest and Climate Change12% projected demand growth๐ฆS29FMCG21% projected demand growth