Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 from 3 billion USD in 2018 on the back of strong global demand for Thai products.

The Bangkok Post cited Ebay’s General Manager for Hong Kong, Taiwan and Southeast Asia border trade Jenny Hui as saying that Thai products are in global demand, including jewelries and watches, health and beauty products, auto parts, home and garden, and collectibles.

Southeast Asia will account for 20 percent of worldwide e-commerce by 2022. Moreover, Asia-Pacific is expected to become the largest cross-border trade region for both imports and exports.

She said the value of e-commerce market in Southeast Asia will grow to 103 billion USD by 2025, mostly thanks to increased flow of information, logistics and capital across borders. (VNA)

The Department of Business Development has now brought in global e-Commerce experts to help coach Thai businesses on digital marketing.

DBD invites Global e-Commerce Experts to discussions with Thai entrepreneurs
The Mobile e-Commerce Fair will be held four more times across Thailand throughout July-September 2019

Meanwhile the government has been pushing for continuous development of the sector, especially SMEs, to fully adapt to digital marketing and provide products and services which meet customers’ needs, shortening and simplifying delivery and transactions, and offer more options to customers.

The DBD has held a mobile e-Commerce fair at IMPACT Exhibition Center, Nonthaburi, to help community enterprises and SMEs gain more knowledge of online marketing, with global e-commerce experts from companies such as Alibaba, eBay, Lazada, and Shopee, providing knowledge for Thai businesses, such as online shop formats, product photography, product description writing, and providing consultations on logistics cost cutting, while minimizing delivery time.

The Mobile e-Commerce Fair will be held four more times across Thailand throughout July-September 2019, specifically in Chiang Mai, Prachuap Khiri Khan, Khon Kaen, and Songkhla. For more information, please visit www.dbd.go.th, or the kongdeetourthai page on Facebook. (TNN)

Source link

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Bank of Thailand maintains key rate at 0.50 percent

The Committee assessed that the Thai economy would continue to recover, as the Omicron variant would exert limited pressure on the public health system.

Bangkok Moves Up to 6th in Global Ranking of Convention Cities

The top 10 convention cities for 2021 are Paris, New York, Singapore, Beijing, Tokyo, Bangkok, London, Barcelona, Istanbul, and Washington. In Asia-Pacific, the top 10 are Singapore,

Thailand’s Fastest-Growing Industries as the Nation Makes a Comeback

Tourism is being enabled greatly by foreign tourists being given a quarantine waiver, with an anticipated 5.5 million people set to visit the country this year. It’s an increase on the initial forecast, but still short of 2019’s 40 million foreign tourists.