The Thai economy can be classified as an emerging one, with high rates of gradual and steady growth and becoming one of the most influential factors in Asian industry and production. The Thai economy relies mainly on export of goods since the country produces to satisfy the needs of the huge markets worldwide.

Steadily growing witl almost 10% each year since 1986, the Thai industry has passed through several financial crisises, the most serious of which was the Asian financial crisis where the Thai market significanntly shrinked. However, Thailand recovered and is currently expanding its export partner states and territories as well as its influence in the world market. Many famous brands producing all kinds of goods prefer moving out its production factories in Thailand because of the large amount of labour power, the lower payment rates and the high productivity of the Thai workers. This brings fresh capital and investments in the country and contributes to the increase of employment.

The main goods that the Thai market exports are rice (Thailand is the largest rice producer and exporter with almost 70 million tons of rice exported each year), computers and technologies (a lot of money are being spent by governemental and private companies for research and innovations in the sector), textiles (since many brands produce their goods in Thailand), automobiles and parts and electrical machines, and even luxury items like gold jewellery. These products, mainly aimed to be exported, annually bring Thailand almost 172 billion euros of foreign income and ensure the steady economical growth of the country.

The labour power in Thailand is almost 34 million people (last updates made in the beggining of 2010) which is a contributing factor for the development of the country -many workers are employed by foreign companies to work for the exportation of goods. The main partners of Thailand and favoured export destinations are the USA, China, the EU and most of the countries in Southeast Asia.