Thailand and the Republic of Korea have concluded a Trade Agreement since 1961.
In 2008, the Republic of Korea is among the major trading partner of Thailand. The value of two -way trade between the two countries has been growing steadily and it reached 10.53 billion US Dollars in 2008. The major exports of Thailand to Korea, among other things, are electrical machinery, rubber, machinery, mineral fuel, oil, Tapioca products. The major exports of Korea to Thailand are electrical machinery and components, iron and steel, machinery and chemicals
On the part of investment, there are now more than 300 Korean and Korean-Thai joint venture companies doing their businesses in Thailand. and nearly half of those projects were in the electronics and electrical industry. the amount of investment from Thailand to the Republic of Korea in 2008 was 2.2 million US Dollars and most of the investment concentrated in service sector.