Tariff reductions enabled by Australia’s free trade agreements have helped increase Australian exports of some agricultural commodities to Thailand in 2020 and 2021. This is despite the challenges posed by COVID-19. The removal of quotas and reduced tariffs make Australian products more competitive in the Thai market.
Australia continues to implement its own commitments under Thailand-Australia Free Trade Agreement (TAFTA) and ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) and is working with Thai counterparts to finalise further tariff reductions for Australian exports.
What exporters should do
Exporters and producers may wish to review recent tariff rate reductions under Australia’s FTAs with Thailand and evaluate the impact these have on the viability of the Thai market for their products.
Producers and exports can review tariffs and quotas under both TAFTA and AANZFTA using the Department of Foreign Affairs and Trade’s FTA portal.
Recent tariff rate reductions under FTAs with Thailand:
|Product||Tariff rate 2005||Tariff rate 2021|
|Almonds, hazelnuts, walnuts and pistachios||10%||0%|
Variations may exist within commodity categories and across TAFTA/AANZFTA