Trade Facilitation

Description

According to the World Bank’s Logistics Performance Index (LPI) (2012) which measures countries’ trade logistics efficiency, Thailand was ranked 38th out of 155 with all scores being above the averages of its comparable region and income countries. This finding is in line with the OECD’s Trade Facilitation Indicators (2013), which also evaluates Thai performance better than the average of the same region and income level with respect to most areas. For example, according to the World Bank Doing Business Report (2014), exporting and importing one standard container of goods take respectively 14 and 13 days in Thailand, which are faster than the regional average of 21 and 22 days. The cost of export and import in Thailand is USD 595 and 760, also lower than the regional average of USD 856 and 884. Thailand has streamlined many of its customs procedures by using on-line processing and payment. Moreover, in 2008, the country established National Single Window (NSW), which provides e-Customs service to facilitate international trade transactions. It was in accordance with the Agreement to establish the ASEAN Single Window (ASW) which integrates NSW of ASEAN countries. Currently, Thailand NSW has about 10,100 subscribers, serving about 100,000 trading companies and 20 government authorities. The ASW is also under operation on a pilot basis supporting the exchange of the intra-ASEAN certificate of origin and ASEAN Customs Declaration Document between Thailand and six ASEAN countries. (ASEAN 2013; WTO 2011).

Logistics Performance Index (LPI): Country Comparison
Source: World Bank, Logistics Performance Index (LPI)

Note: World Bank, 2012

Logistics Performance Index – Evolution
Source: World Bank, Logistics Performance Index (LPI)

Note: World Bank, 2012