THAILAND
TOBACCO IN THAILAND
Brief contextualization of the importance of Tobacco in Thailand
FC VIRGINIA
(% of total tobacco leaf output)obacco growing in Thailand continues to occupy an important role in the country’s economy. Domestic consumption of tobacco products has a very relevant economic impact, while revenue from tobacco products sales generated close to US$ 5 billion in revenue (2016). Tax collected by the Government amounted to US$ 2 billion, providing a significant share of the Government’s revenue. As there is domestic demand for the crop, tobacco is grown across the country. A large share of tobacco products consumed are produced in Thailand, ensuring employment opportunities and the possibility for the income of the industry to trickle down into the common citizen’s pocket. The regulations that will be introduced in the future are sure to pose a challenge to the industry and the farmers alike.
Sources: Tobacco and Nicotine database, Food and Agriculture Organization of the United Nations (FAO), and ITGA.
EXPORT PARTNERS
This section aims at identifying the most important commercial partners in terms of Value and Quantity (Source: Calculated from data from UN Comtrade)
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PHILIPPINES 32%
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INDONESIA 14%
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USA 9%
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LAOS 8%
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BELGIUM 8%
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OTHERS 29%
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PHILIPPINES 26%
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INDONESIA 13%
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LAOS 12%
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USA 11%
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BELGIUM 8%
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OTHERS 30%