Thailand: Thailand Eliminates Tariffs and Reduces Excise Taxes for Wine

  |   Attaché Report (GAIN)   |   TH2024-0014

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Thailand: Thailand Eliminates Tariffs and Reduces Excise Taxes for Wine
From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes. Post estimates that this tariff/tax restructuring will reduce the retail price of U.S. wine by 35-40 percent. In 2023, Thailand imported $132 million worth of wine, of which 8 percent came from the United States.
Exporting, Regulations & Requirements
East Asia and the Pacific, Thailand
Processed Food Products, Wine & Related Products, Wine, Beer and Spirits, Wine & Related Products

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