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Thailand
Proposed Market Research and Development Programmes for the Target Market
In the short term, it may become necessary to study the impact of the present financial crisis on our exports to Thailand. Also examine opportunities that may have risen, following the crisis such as buyers preference now for certain products which Sri Lanka could supply on account of these being considered cheaper substitutes for what are becoming more expensive products. In addition, to identify such products and conduct market research and to find out the prospects for these in the Thai market, taking into account demand, distribution, competition, market trends and Sri Lanka's supply capability.

In studying imports to Thailand from Sri Lanka and other countries (particularly the neighbouring countries), in recent years, it is noted that the following products may have potential to increase share in the Thai market. It is suggested that market research be undertaken to find out prospects for these in the Thai market. The include coconut shell, charcoal, activated carbon, jewellery, tyres and tubes, bristle fibre twisted, woven fabrics, cut flowers and foliage plants, crabs, tea bags, toys and games/sports requisites and parts.

In addition, joint ventures in the electronic component sector and agro-based products sector could also be promoted.

Sri Lanka could also participate in a suitable trade fair in Thailand, with a view to gaining exposure for our products and further penetrating this market.