Thailand is a significant market for Indian agricultural exports, particularly in spices, vegetables, and fruits.
Thailand's demand for Indian agricultural products is expected to grow steadily, driven by increasing consumer preference for diverse cuisines and India's competitive pricing. The ASEAN-India Free Trade Agreement (AIFTA) continues to facilitate trade by reducing tariffs on qualifying goods, enhancing market access for Indian exporters.
Vietnam competes with India in supplying spices to Thailand, offering similar products at competitive prices.
China exports a variety of vegetables to Thailand, often at lower prices, posing competition to Indian exports.
| HS code | Product | Duty | Notes |
|---|---|---|---|
| 0904 | Pepper | 5% | Pepper imports from India are subject to a 5% duty under the ASEAN-India Free Trade Agreement. |
| 0703 | Onions | 0% | Onions imported from India are exempt from duties due to the Early Harvest Scheme between India and Thailand. |
| 0803 | Bananas | 5% | Bananas from India face a 5% duty, as they are not covered under the ASEAN-India Free Trade Agreement. |
A detailed invoice listing the goods, their value, and terms of sale, issued by the exporter.
A document detailing the contents, packaging, and weight of each package, aiding in customs clearance.
Certifies the origin of the goods, often required to claim preferential tariff rates.
Issued by the exporting country's agricultural department, confirming the goods are free from pests and diseases.
Sea freight is the most economical mode for shipping agricultural products from India to Thailand, with transit times of 7-10 days.
| Product | India mandi rate | Thailand landed price | Margin |
|---|---|---|---|
| Black Pepper | $3,000/ton | $3,150/ton | 5% duty included |
| Fresh Onions | $500/ton | $500/ton | 0% duty due to Early Harvest Scheme |
| Fresh Bananas | $800/ton | $840/ton | 5% duty included |
The Trade Union matches you with verified buyers and handles the documentation.