Export Financing

Thailand has several programs that benefit manufactured and processed agricultural producers. These usually take the form of preferential financing, tax certificates and rebate of taxes and import duties. The Thailand Export-Import bank has taken over many of these programs and has recently offered an expanded credit program to stimulate export activity during the economic downturn in Thailand. The bank operates like any other commercial bank and provides Thai exporters with short-term credits for imports and exports, medium-term credits to increase production capacity, long term-credits to support Thai investment abroad or to promote the export of machinery and turnkey projects, also providing insurance against foreign exchange risks. Particular attention has been given to small and new exporters who have not received support or sufficient credits from commercial banks.