Thai and Chinese tourism operators are upbeat about a rebound in mainland Chinese visitors during the upcoming Chinese New Year, supported by Thailand’s strong destination appeal, increased flight capacity, and visa-free travel. Industry forecasts point to a rise in mostly independent travellers staying longer, with Bangkok, Pattaya, and Hua Hin among the most popular destinations, while promotional campaigns and trade events are expected to generate strong booking momentum and drive a broader recovery in international arrivals this year.

Thailand exports grew 16.8% in 2025

Thailand’s exports closed December 2025 with strong momentum, rising 16.8 percent year-on-year and extending an 18-month growth streak. Full-year exports reached a record US$339.6 billion, up 12.9 percent, driven primarily by electronics, electrical appliances, and technology-related goods as global demand for AI, digital infrastructure, and diversified supply chains continued to rise. Industrial exports remained the key engine of growth, while agricultural exports were more uneven due to climate impact and competitive pressures, despite improving performance in processed food products.

Export growth was broad-based across major markets, with particularly strong gains in technology shipments to developed economies and emerging markets alike. Imports also expanded at a similar pace, reflecting higher demand for machinery, components, and raw materials to support export production. Looking ahead, export growth in 2026 may soften amid global tax changes, trade regulation adjustments, geopolitical tensions, and currency appreciation. Nevertheless, structural demand for technology products, food security, and the benefits of new free trade agreements are expected to continue supporting Thailand’s export sector.

For foreign investors, this environment makes Thailand an appealing base for export-only businesses, which can be structured to be 100 percent foreign-owned. Companies that manufacture or trade goods exclusively for export may qualify for exemptions under the Foreign Business Act, as they do not compete in the domestic Thai market. In many cases, full foreign ownership is achieved through Board of Investment (BOI) promotion, which can allow 100 percent foreign shareholding, land use rights for business operations, and access to tax and non-tax incentives. Even without BOI promotion, certain export-only trading or manufacturing structures may be permitted, provided sales are made entirely overseas and the company complies with customs, VAT (including zero-rated VAT on exports), and reporting requirements.