BANGKOK – Thailand has been ranked as eBay’s fourth-biggest export market in Asia – demonstrating the Kingdom’s growing role in global trade and ecommerce growth, according to eBay’s first-ever Asian Exporters’ Index report released today.
The report shows that large Thai exporters[1] on eBay grew by 17%, year-on-year, with the jewelry, gems and watches category topping the list of exported products, followed by clothing and accessories, books, auto-parts and sporting goods. The growth in eBay’s Thai export market corresponds with an overall increase in the country’s overall exports of 28.1% in 2010, according to Ministry of Commerce[2]. Thailand represents a significant and growing market for eBay in Asia as the nation experiences strong export growth.
Mr Jason Lee, Head of eBay Southeast Asia and Middle East , said “Thailand’s exporters are riding high alongside their peers throughout Asia and have played an important role in driving eBay’s Asian exporter growth.”
Mr Jason said that increasing numbers of Thai exporters and manufacturers are partnering with eBay to build global businesses. “eBay enables savvy entrepreneurs to market directly to consumers around the globe. With prospects for Thailand’s economic and export growth remaining strong, eBay remains confident that Thai exporters will continue to utilize ecommerce as a means of boosting sales, and support Thailand’s export-led growth,” he said.
eBay’s global marketplace provides an ideal store front for Thai exporters seeking to attract customers among the 97 million active eBay users around the world. The Asian Exporters’ Index demonstrates the important role eBay plays in the development of ecommerce in Thailand and throughout Asia, providing a source of job and wealth creation.
About eBay Asian Exporters’ Index:
The eBay Asian Exporters’ Index looks at some of the most successful businesses selling on eBay from across Asia. These businesses are exporters with a global customer base.
The information in the Index is based on internal eBay data and the results of a Nielsen online survey conducted among eBay sellers with annual sales over US$100,000 based in China and Hong Kong.
The Index looks at sellers and trends from around Asia including China, Hong Kong, Japan, Thailand, South Korea, India, Singapore, Malaysia, Indonesia, Philippines and Vietnam.
An electronic edition of the Index is available at www.ebayinc.com/asianexportindex .
About eBay
Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects hundreds of millions of buyers and sellers globally on a daily basis through eBay, the world’s largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.
[1] Large is defined as an exporter with annual sales over US$100,000.00
[2] Summary of Export-Import Report in December 2010, the Ministry of Commerce
