Thailand’s cross-border e-commerce still has great potential for growth, but improvements in payment systems and one-stop services need to be accelerated.
Speaking at the International Institute for Trade and Development (ITD) Forum 2023 on “Unlocking Trade for CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand)”, Wimon Punkong, director of ITD’s Research Development and Promotion Office, said cross-border e-commerce is becoming increasingly important and Thailand has the potential to sell products in neighbouring countries because of similar tastes.
However, selling on foreign platforms such as Shopee, Lazada and large logistics platforms will make it difficult for Thailand to create its own competing platform, as Thailand is not strong in data science, though it has good…
