Krungthai COMPASS: Import Duties Alone Insufficient to Curb Low-Cost Chinese Goods

According to a report published by Prachachat Business on August 25, 2026, the research unit Krungthai COMPASS has analyzed the impact of Thailand's recent customs measures. The government's policy to impose import duties on all goods starting from the first baht of value is intended to protect local markets from an influx of low-cost products, particularly those originating from China.

However, Krungthai COMPASS suggests that these fiscal measures alone may be insufficient to effectively curb the volume of inexpensive imports. The research unit advocates for a more comprehensive approach, suggesting that a collaborative effort across the entire business ecosystem is necessary. They recommend that local entrepreneurs shift their focus toward competing on product quality rather than price, while the government should prioritize the prevention of unfair trade practices and provide additional support to domestic industries.

For residents and travelers in Thailand, this situation highlights ongoing shifts in the retail landscape and potential changes in the availability or pricing of imported consumer goods. While the current customs policy is in effect, it remains to be confirmed what further regulatory or support measures the government might implement to address these economic concerns. Observers are watching to see if these recommendations will lead to new government policies or shifts in how local businesses position themselves in the market.