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Thailands Rank on Standard Chartered Banks Trade 20 Index

9 October 2019 (Readers 368)

Thailand ranks 8 out of 20 markets with the greatest potential for future trade growth, according to Standard Chartered Banks "Trade 20 Index.

Deputy Government Spokesperson Rachada Thanadirek said that the Prime Minister was pleased with Thailands rank, with trade readiness and strong growth in e-commerce as supporting factors.

The Trade 20 Index examines 12 metrics of 66 global markets under three equally weighted pillars: economic dynamism (foreign direct investment, export and GDP growth), trade readiness (infrastructure, e-commerce, and ease of doing business), and export diversity (the range of exports).

By ranking, the markets are 1. Côte dIvoire, 2. India, 3. Kenya, 4. China, 5. Ireland, 6. Vietnam, 7. Indonesia, 8. Thailand, 9. Oman, 10. UAE, 11. Hong Kong, 12. Russia, 13. Ghana, 14. Sri Lanka, 15. Bahrain, 16. Singapore, 17. Switzerland, 18. Chile, 19. Turkey, and 20. Philippines.


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