Russia and Thailand: New horizons of cooperation between business and government
Russia and Thailand: a time-tested partnership
Russia and Thailand have decades of diplomatic relations and cultural exchanges. Today, in the context of the transformation of the global economy, these relations are reaching a new level. While previously tourism and food supplies were the mainstay of interaction, now energy, infrastructure, digital technologies and investment are becoming increasingly important.
Thailand is the second largest economy in Southeast Asia and one of the leaders in the production of automobiles and electronics. Russia is a reliable partner in the field of raw materials, technology and education. The interests of the parties complement each other: Russia has energy resources, agricultural exports and high-tech solutions, while Thailand has an industrial base, a favorable geographical location and a growing market.
Trade and agriculture: a sustainable foundation
In recent years, the trade turnover between the two countries has been growing.
Russia supplies Thailand with grain, fertilizers, metals and energy resources.
Thailand exports seafood, fruit, textiles, electronics and automotive components to Russia.
Agriculture plays a special role: Russian grain and fertilizers ensure Thailand's food stability, while Thai seafood and tropical fruits are in high demand in Russia. These deliveries are secured by long-term contracts, which makes cooperation sustainable.
Tourism: a bridge between nations
Thailand remains one of the most popular destinations for Russian tourists — more than 1.5 million Russian citizens visited the country in 2024. This is an important source of income for the Thai economy.
The counterflow is also increasing: Thais are opening up Russia to education, business, and cultural tourism. Electronic visas, direct flights and joint programs speed up the exchange between people.
Investments and infrastructure projects
Special attention is paid to joint work in the Eastern Economic Corridor (EEC) Thailand. Russia sees it as a platform for localizing production facilities and creating logistics hubs.
In turn, Thailand shows interest in Russian competencies in nuclear power, mechanical engineering and IT. Projects in transport and port infrastructure are also being discussed.
Education and culture
The number of students from Thailand in Russian universities is growing. Specialties in medicine, engineering, and information technology are popular. In parallel, cultural festivals and exhibitions are actively held, forming the basis of the "soft power" of cooperation.
Political dialogue
Russia and Thailand stand for a multipolar world and the development of independent economic ties. The work is coordinated by intergovernmental commissions, and regular visits at the highest level confirm the seriousness of intentions.
YANG CONSULT — your bridge between Russia and Thailand
We support businesses in both directions:
For Russian companies— entering the Thai market, finding partners, supporting negotiations, legal and GR support, licensing, organizing business missions.
For Thai partners— verification of Russian counter parties, transaction support, legal support and assistance in entering the Russian market.