EXIM Thailand and SINOSURE deepen Thai-Chinese trade ties amid global challenges

On June 25, 2025, EXIM Thailand and China Export & Credit Insurance Corporation (SINOSURE) jointly hosted a high-profile seminar at the Capella Bangkok Hotel, aimed at fortifying Thai-Chinese trade and investment relations. Over 120 entrepreneurs from both countries attended the event, which was titled “EXIM Thailand and SINOSURE: A Further Step of Business Partnership 2025.”

Amid growing geopolitical and economic volatility—ranging from trade conflicts and currency fluctuations to energy price instability and climate change—EXIM Thailand emphasized the need for robust risk management strategies. As the country’s sole provider of export and investment insurance since 1995, the bank underscored the role of credit insurance in mitigating risks such as buyer insolvency, non-payment, and rejection of goods. These insurance instruments can also be used as collateral for loans, providing businesses greater liquidity and confidence when entering unfamiliar markets.

China remains a key strategic partner for Thailand, particularly as digital trade accelerates. With China’s status as the world’s largest e-commerce market and Thai exports increasingly oriented toward online consumers, understanding market behavior and leveraging appropriate sales channels is critical. Trade between the two nations surpassed US$116bn in 2024, marking China as Thailand’s top trading partner for 11 consecutive years.

The seminar also spotlighted sectoral opportunities in processed agricultural goods, electric vehicles, digital technology, and clean energy. Both governments continue to encourage industrial collaboration in advanced sectors like semiconductors and EVs while supporting business linkages through trade fairs and market access programs. E-commerce collaboration, in particular, has been a focal point of recent joint initiatives.

EXIM Thailand reported that since launching export insurance services, it has supported over THB 2.18tn (US$66.94bn) in trade, with approximately THB 1.5bn (US$46.06m) paid out in claims—mostly due to non-payment by foreign buyers. The UAE, the US, and Singapore were the top countries for claims, particularly in commodities such as rice, jewelry, and aluminum.

The event featured insights from experts across both countries, providing entrepreneurs with the tools and information to navigate increasingly complex global trade dynamics. EXIM Thailand reaffirmed its commitment to supporting Thai businesses through tailored financial solutions that align with digitalisation and sustainability, aiming to foster resilient and long-term economic growth.