Bangkok

ABOUT

The Philippine Trade and Investment Center (PTIC)-Bangkok is the representative office of the Department of Trade and Industry (DTI) in Thailand.

PTIC-Bangkok is part of the Philippine Foreign Trade Service Corps (FTSC) of the DTI’s Industry Development and Investment Promotions Group (IPG).

Areas of coverage: Thailand and Myanmar.

KEY OFFICIAL

Maria Emmanuelle S. Burgos
Commercial Counsellor

MariaEmmanuelleBurgos@dti.gov.ph
Bangkok@dti.gov.ph

DOING BUSINESS IN THE PHILIPPINES

At the heart for the world’s fastest-growing economies is the Philippines, the ideal investment destination. Our business is to make your enterprises grow. The opportunities from our diversified market, have excellent trade options both in the Asia-Pacific and beyond. Our business-friendly laws that draw multinational companies are backed by a government committed to creating a business-friendly landscape. There has never been a better time to make it happen in the Philippines.

Philippines-Thailand Bilateral Trade and Investment Relations

BILATERAL MERCHANDISE TRADE (2019-2021)
In US$ Billion

Year	Total Trade	Exports to Thailand	Imports from Thailand
2018	182.1	69.3	112.8
2019	182.5	70.9	111.6
2020	115.0	65.2	89.8
2021	191.6	74.7	116.9
2022	216.2	79.0	137.2
% CAGR	4.4	3.3	5.0

TH RANKING AS PH TRADING PARTNER


TOTAL TRADE 6th Singapore 8th Indonesia	EXPORT MARKET 5th Singapore 7th Germany	IMPORT SUPPLIER 6th Singapore 78th Taiwan

PRIORITY EXPORTS


Electronic Equipment	Metals (except ferrous and precious) – Copper cathodes	Machinery, electricity – (Ignition) wiring sets for vehicles	Motor vehicles & parts – Parts and accessories of motor vehicles, n.e.s.	Precious metals – Gold, unwrought, for non-monetary purposes

INVESTING IN THE PHILIPPINES

STRATEGIC LOCATION

We are known as the Pearl of the Orient and since ancient times the center of trade and commerce in the region. Today, we are at the heart of ASEAN, providing access to a 600 million market. ASEAN as a block, considered the fifth largest economy in the world, expects to soar even further in the next five years. Our strategic location and competitive labor costs enable businesses to access one of the world’s major hubs for manufacturing and trade.

BUSINESS ENVIRONMENT

We are committed to providing a business-friendly environment for all enterprises. Our consistent economic growth, one of the highest in Asia, and investment-grade credit ratings are backed by strong macroeconomic fundamentals, prudent fiscal policies, enabling laws, high foreign exchange reserves, and massive infrastructure build-up.


2,300 Universities	800 Shipping Ports	70 Airports	95% Employment Rate

PEOPLE

We are home to educated and highly adaptable people who are mostly bilingual. Nearly all have a working command of English and can easily learn a second foreign language wherever and whenever it is needed. Sixty-five percent of our population, our professionals and skilled workforce, are productive and considered our nation’s lifeblood. They add to the economic value of areas where they are based.

REGIONAL POTENTIAL

The Philippines’ 7,641 islands and its four diverse economic regions boast of highly-developed infrastructure, available resources, highly-qualified professionals and skilled workers, and a low-risk, stable environment: the paragon of a business location. These areas are also teeming with natural resources and breathtaking wonders where leisure and recreation complement every entrepreneur’s busy schedule. The diversity of the Philippines allows us to service international businesses from a wide range of industries.