– Thailand is strategically positioned for reshoring in Southeast Asia, with a favorable Strategic Opportunity Index score and strong trade ties through 14 bilateral agreements, including with the US and mainland China. The export-oriented economy, where electricals and electronics make up 34.3% of exports, reached US$110.8 billion in 2024. However, challenges such as policy instability, labor costs of US$2.6 per hour and vulnerability to weather disruptions pose risks to its competitiveness and economic growth.
– The US administration has updated the Annex II list, ...