NEARLY HALF OF EXPORT FROM THAILAND UNDERTAKEN THROUGH NEW FORMS OF TRADE, SAYS ASEAN-JAPAN CENTRE

Paper "Non-Equity Modes of Trade in ASEAN: Thailand" is downloadable from the AJC Website. (Graphic: Business Wire)

TOKYO, May 8 (Bernama-BUSINESS WIRE) -- Thailand’s trade is no longer to take place between independent exporters and importers, or between intra-firms of transnational corporations (TNCs), but also through non-equity modes (NEMs) of production. This mode of exports has been increasing, reaching an estimated at least $150 billion in goods and services, or 48% of total exports from Thailand in 2016, according to new findings by the ASEAN-Japan Centre on NEMs in the report (Non-Equity Modes of Trade in ASEAN: Thailand
[https://www.asean.or.jp/en/trade-info/nem_papers/]), released in April.

NEARLY HALF OF EXPORT FROM THAILAND UNDERTAKEN THROUGH NEW FORMS OF TRADE, SAYS ASEAN-JAPAN CENTRE