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Thailand & Hong Kong
Trade Relations with Thailand
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Thailand is a significant trading partner of Hong Kong. Bilateral trade between Hong Kong and Thailand increased 11% from HK$77.9 billion in 2006 to HK$86.2 billion in 2007. In 2007, Thailand was Hong Kong's 10th largest trading partner; 17th largest market for domestic exports and 14th largest market for re-exports; and 8th largest source of imports. |
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Hong Kong is also an important entrepot for trade between Mainland of China and Thailand. Re-export of goods of Mainland origin through Hong Kong to Thailand increased by 21% from HK$17.7 billion in 2006 to HK$21.3 billion in 2007. |
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Hong Kong's domestic export of goods to Thailand totalled about HK$1.1 billion in 2007. The top three domestic export categories to Thailand in 2007 were:
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Non-ferrous metals |
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Electrical machinery, apparatus and appliances and electrical parts thereof |
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Printed matter |
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Hong Kong's re-export of goods to Thailand totalled about HK$27.7 billion in 2007. The top three re-export categories to Thailand in 2007 were:
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Office machines and automatic data processing machines |
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Electrical machinery, apparatus and appliances and electrical parts thereof |
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Telecommunications and sound recording and reproducing apparatus and equipment |
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Hong Kong's import of goods from Thailand totalled about HK$57.4 billion in 2007. The top three import categories from Thailand in 2007 were:
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Office machines and automatic data processing machines |
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Electrical machinery, apparatus and appliances and electrical parts thereof |
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Plastics in primary forms |
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| 1,379 |
+7 |
1,080 |
-22 |
| 23,485 |
+13 |
27,726 |
+18 |
| 24,863 |
+13 |
28,806 |
+16 |
| 53,081 |
+14 |
57,373 |
+8 |
| 77,944 |
+14 |
86,179 |
+11 |
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Bilateral Investment
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As at end 2006, Thailand ranked outside the first 20 major sources of inward direct investment into Hong Kong. |
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As at end 2006, Thailand was the 8th major destination of outward direct investment (ODI) from Hong Kong, with an ODI stock of HK$37.4 billion. |
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As at June 2007, 16 local offices were set up by Thai companies in Hong Kong. |
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The Thailand - Hong Kong Investment Promotion and Protection Agreement (IPPA) was signed on 19 November 2005. The Agreement further strengthens the excellent trade and economic relations between Thailand and Hong Kong. |
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