71221 v2 Thailand: Trade At-A-Glance Dec-08 2007 GDP 2007 GDP 2007 Share 2007 Trade Membership No. of RTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $226,634 $3,541 1.01% $5,246 1982 1995 7 4 Thailand TRADE PERFORMANCE ‡ EAP Ranking Decile TP Lower mid inc TRADE POLICY (TP) (out of 125) 74 6 EXTERNAL ENVIRONMENT (EE) (out of 126) 45 4 TO EE INSTITUTIONAL ENVIRONMENT (IE) (out of 181) 13 1 TRADE FACILITATION (TF) (out of 151) 31 3 TRADE OUTCOME (TO) (out of 161) 44 3 TF IE ‡ Rankings are based on the "representative" indicators (in bold) in each group below for the latest year Outer bound represents best value in latest year TRADE POLICY (TP)  1995-99^ 2000-04^ 2005-07^ Latest^ Trade Tariff Restrictiveness Index (MFN applied tariffs)& 10.5 6.4 6.6 * TTRI (applied tariffs including preferences) & .. 6.7 6.7 * TTRI Overall TRI (OTRI, applied tariffs incl. prefs.+NTMs)& .. 8.7 8.7 * (MFN) Other trade policy indicators MFN applied tariff - simple avg (%) 22.8 16.7 11.2 9.9 * Applied Dispersion (coefficient of variation) 0.9 1.0 1.3 1.2 * tariff (wgt avg) Maximum rate 850.0 588.6 205.5 136.2 * Agriculture - simple avg (%) 38.4 31.1 25.4 21.8 * Import Nonagriculture - simple avg (%) 20.5 14.5 9.0 8.1 * duties MFN applied tariff - trade weighted avg (%) 14.6 9.5 5.0 5.0 * MFN zero-duty imports (% in total imports) 6.7 27.5 42.8 47.1 * Applied tariff (incl. prefs.) - trade weighted avg (%) 14.6 8.8 .. .. Nontariff measures Agriculture 19.7 15.1 .. .. Nonagriculture 14.3 8.4 .. .. 0 10 20 30 Applied tariff (incl. prefs.) - production weighted avg (%) .. 16.5 14.2 * EAP Lower mid inc Thailand Applied tariff (incl. prefs.) escalation (finished% minus raw%) 6.4 0.8 1.5 * Agriculture .. 11.4 3.0 3.8 * Nonagriculture .. 9.2 9.3 8.4 * Import duties (% of imports) .. 2.8 1.9 1.7 * Services commit. Tariff overhang (MFN bound less MFN applied rate,%) 2.9 9.0 15.5 17.1 * Bound tariff frequency ratio (% of total lines) .. 74.7 74.8 74.7 * Specific tariffs frequency ratio (%) 0.2 0.3 22.6 22.5 * 0 40 80 Non-tariff measures frequency ratio (%) .. 6.8 .. .. EAP Lower mid inc Thailand Overall GATS commitment index (0-100, best) .. 19.7 19.7 EXTERNAL ENVIRONMENT (EE)  1995-99^ 2000-04^ 2005-07^ Latest^ MA-TTRI (applied tariffs incl. prefs.)& 5.7 4.3 * MA-OTRI (applied tariffs incl. prefs.+NTMs)& 17.1 12.3 * MA-TTRI Other external environment indicators ROW applied tariff (incl. prefs.) - weighted avg (%) 7.0 5.4 3.8 3.3 * MFN duty free Agriculture 31.2 22.5 12.9 11.0 * (exports) Nonagriculture 3.9 3.7 3.1 2.7 * MFN zero-duty exports (% of total exports) 33.3 43.1 51.4 49.0 * Value of prefer Exports with FTA / CU partners (% of total exports) 46.2 53.1 56.7 56.4 * Preferences (EU+U.S.) utilization rate (%) .. .. 82.7 69.7 * 0 1 Lowest Highest Preferences (EU+U.S.) actual value (% of exports) .. .. 0.8 0.7 * EAP Lower mid inc Thailand Real effective exchange rate (% change,+ =apprec.) .. .. .. .. ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used(noted by *). For more infor., see User's Guide at http://www.worldbank.org/wti2008. ŸMFN: most favored nation; NTM: nontariff measures; MA: market access; ROW: rest of the world; FTA: free trade agreement; CU: customs union; WTO: World Trade Organization GATT: General Agreement on Tariffs and Trade; WGI: World Government Indicators; ".." indicates missing value; RTA/EIA: regional trade arrangement / economic integration arrangement; & 2007 are preliminary estimates Thailand Trade At-A-Glance Dec-08 INSTITUTIONAL ENVIRONMENT (IE) 2004 2006 2007 2008 Ease of Doing Business (rank out of 181) .. .. 19 13 Starting a business (rank) .. .. 37 44 Enforcing contracts (rank) .. .. 26 44 Ease of Doing Closing a business (rank) .. 46 25 Business Other institutional environment indicators WGI - Regulatory Quality (-2.5 to +2.5, best) 0.29 0.25 0.16 .. 0 80 160 WGI - Rule of Law (-2.5 to +2.5, best) 0.05 0.00 -0.06 .. EAP Lower mid inc Thailand WGI - Control of Corruption (-2.5 to +2.5, best) -0.21 -0.28 -0.44 .. TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-07^ Latest^ Logistics Performance Index (LPI, 1 to 5 best) .. .. 3.3 3.3 * Efficiency of customs and other border procedures .. .. 3.0 3.0 * Logistic Index Quality of transport and IT infrastructures .. .. 3.2 3.2 * International transportation costs .. .. 3.2 3.2 * Logistics competence .. .. 3.3 3.3 * Trading Trackability of shipments .. .. 3.3 3.3 * Across Borders Domestic transportation costs .. .. 3.2 3.2 * Timeliness of shipment .. .. 3.9 3.9 * Other trade facilitation indicators UNCTAD Shipping Doing Business - Trading Across Borders (rank out of 181) .. 51 10 No. of documents required for exports .. .. 8 4 No. of days process required for exports .. .. 26 26 Telephones Cost to export (US$ per container) .. .. 770 625 per 100 No. of documents required for imports .. .. 11 3 No. of days process required for imports .. .. 19 13 Secondary Cost to import (US$ per container) .. .. 957 795 enrollment Liner shipping connectivity index (0-100 best) .. .. 32.3 35.3 Telephones and mobiles per 100 people 11.0 32.8 75.8 91.5 * 0 Lowest 1 Highest Average cost of 3-minute call to U.S. (US$) 4.7 1.5 .. .. EAP Lower mid inc Thailand Internet usage (per 100 people) 0.8 7.6 15.3 21.0 * Secondary gross school enrollment (%) .. 68.8 77.6 78.1 * * TRADE OUTCOME (TO) ## 1995-99^ 2000-04^ 2005-07^ Latest^ Real growth in trade of goods and services (%) 2.8 9.8 5.6 9.2 12 Exports 6.9 8.4 6.5 7.8 10 9.8 9.5 10.1 9.4 9.2 8.9 8 8.0 7.7 Imports -0.6 11.4 5.8 10.8 6.1 6 5.6 6.0 Other trade outcome indicators 4 2.8 Trade integration (trade as % of GDP) 95.8 127.1 144.5 158.7 2 FDI inflow (% of GDP) 3.3 3.4 4.3 1.9 0 1995-99 2000-04 2005-07 2008 World trade share growth (%) -3.9 1.9 1.0 3.3 Trade Growth Rate Exports -0.8 0.2 0.8 0.5 Thailand EAP Lower mid inc Imports -6.6 3.9 1.3 6.4 Merchandise share in total exports (%) 78.6 82.7 84.0 85.0 Exports Share (2005-07) Agriculture 17.9 15.0 13.7 13.9 * Service, Agric, Manufacturing 57.3 62.3 64.2 63.6 * 16.0 13.7 Mining, fuel and others 3.4 5.4 6.1 6.3 * Mining, Service share in total exports (%) 21.4 17.3 16.0 15.0 6.1 Tourism 10.8 9.1 8.3 8.6 * Transportation 3.8 3.9 3.5 3.4 * Other services 6.9 4.3 4.2 4.1 * Export product concentration index (0 to 100, highest) 10.0 9.7 9.1 9.5 * Manuf, Export market concentration index (0 to 100, highest) 29.8 28.1 25.6 25.3 * 64.2 Top 5 exports share (% of merchandise exports) .. .. 24.7 24.3 * Top 5 exports (SITC Rev. 2; 3 digit) Comp Equip[752], Valves/transistors[776, Natural rubber/latex[231], Hvy pet/bitum oils[334],Indust heat/cool equipmt[741] ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used (noted by *). For more info., see User's Guide at http://www.worldbank.org/wti2008 ## Most outcome indicators (mostly through 2007) are from the WDI (World Bank, Data Group), UNCTAD or COMTRADE; for filling gaps and 2008, data from the Prospects Group are used.