Trade costs and impacts of trade facilitation on manufacturing exports by Thailand
Date
2013-06
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Publisher
ARTNeT, United Nations ESCAP
Abstract
Results indicate that manufacturing trade costs have continuously decreased over time due to the reduction of tariff and non-tariff costs. Manufacturing trade costs between Thailand and Singapore are lowest, while between Thailand and Japan, they are the third lowest. On the other hand, the manufacturing trade costs between Thailand and the European Union are relative high due to the distance between regions. Distance contributes the highest proportion of trade costs. The Government of Thailand should fully implement Single Window Service at all border checkpoints. This will shorten export and import procedures, which involve excessive documents, authorizing agents and duplication.
Description
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Synthesis Report
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Text
Keywords
TRADE BARRIERS, MANUFACTURING, EXPORT ORIENTED INDUSTRIES, TRANSPORT COSTS, ECONOMETRIC ANALYSIS, TARIFFS, CUSTOMS FORMALITIES, TRANSPORT INFRASTRUCTURE