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Sunday, May 5, 2024

Thai exporters should tap China’s e-Commerce market: Commerce Ministry

Worth noting, however, is that while the collaboration between e-commerce platforms and logistics companies reduces costs by avoiding bonded warehouse expenses in China, there is a trade-off in terms of time. It may take approximately 1-2 weeks to pass through customs procedures, far longer than the 1-2 days required for importing through bonded warehouses.

Whichever category they choose, Thai businesses have a significant opportunity in the growing Chinese CBEC market, given the high demand for various Thai products such as processed foods, ready-to-eat meals, snacks, health products, fresh fruits, cosmetics, and natural skincare products.

By increasing their presence in CBEC and focusing on products with a Thai identity that have the potential to appeal to Chinese consumers, Thai entrepreneurs can expand their sales and market share in China.

Trading through CBEC offers tax…

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