Bangkok: Thai Ice Cream is emerging as the leading exporter in Asia and ranks fourth globally. Over the past five years, exports have exceeded 3.7 billion baht annually, reflecting an 11% increase. A key driver behind this growth is the Free Trade Agreements (FTAs) Thailand has established with 18 countries, significantly reducing import taxes in 17 of these nations.
According to Thai News Agency, Mr. Anukul Prueksanusak, Deputy Government Spokesperson, emphasized the prominence of Thai ice cream products in the global market. Their appeal spans all age groups, particularly during the summer season. Over the years, Thai ice cream exports have shown resilience and adaptability amid challenging global trade dynamics. Currently, Thailand holds the position of the top ice cream exporter in Asia and is fourth worldwide, following the European Union, the United States, and the United Kingdom. From 2020 to 2024, Thailand’s ice cream exports averaged 106 million US dollars annually, with an average growth rate of 11%. In the first two months of 2025 alone, exports reached 22 million US dollars, marking a 3% increase.
The growth of ice cream exports is partly attributed to FTAs, which facilitate trade by removing import tariff barriers with partner countries. Thailand has 14 FTAs with 18 countries, including ASEAN, China, Japan, South Korea, and others. All edible ice cream and related products from Thailand enjoy tariff exemptions in 17 FTA partner countries, with Japan being the only exception, still imposing import tariffs ranging from 21% to 29.8%.
In the initial months of 2025, ice cream exports to FTA countries amounted to 20 million US dollars, a 4% rise, representing 87% of all ice cream exports to these nations. The growth was notable across various markets, particularly in ASEAN, Thailand’s primary export destination. Exports to Malaysia rose by 9%, the Philippines by 70%, Vietnam by 41%, South Korea by 9%, Australia by 32%, Hong Kong by 116%, and Japan by 827%.
Mr. Anukul forecasts further expansion of Thailand’s ice cream industry in the long term, driven by the production of quality products, tax advantages under FTAs, and the availability of diverse raw materials. He envisions Thailand as a central hub for ice cream production and export in Asia. Major global ice cream manufacturers have already invested in Thailand to leverage its strategic position. The government is committed to supporting Thai entrepreneurs in developing unique flavors and health-oriented ingredients to attract modern consumers and capitalize on FTAs to broaden export opportunities.