Mr. Cemil Cakar, TIM Delegate of the Istanbul Chemicals and Chemical Products Exporters' Association (IKMIB) and Team Leader of the IKMIB - Trade Delegation to Bangkok, says the "IKMIB - Trade Delegation to Bangkok" event promises to form potential partnerships for Thai and Turkish enterprises to combine their strengths for enhanced competitiveness. As many as 29 strong Turkish companies from various sectors namely Chemical Products, Cosmetics & Cleaning Products, Houseware & Kitchenware, Medical Device & Healthcare, and Pharmaceutical & Supplement have signed up for the event, ready to present their product samples and show what they can do for Thai companies.
"We are going to create a forum where you can exchange insights, explore possibilities, and work together for the development of your businesses and our sectors," Mr. Cakar adds, "We are here to underline that Turkey now ranks among the world's important alternative suppliers as we offer faster deliveries and high-quality products at affordable prices".
More than 50 Thai leading companies have already expressed their interest in participating upcoming the B2B matchmaking event. Each of the participating Turkish companies is expected to meet between five and seven top distributors, retailers, and manufacturers in Thailand to forge their business ties.
Boasting solid quality and conformity to international standards, Turkish products are interestingly available at relatively lower prices when compared with European manufacturers. Better still, Turkish manufacturers have enjoyed advantageous location and proven reliable with deliveries made even during the most difficult days of the COVID-19 pandemic. Last year, Turkey exported more than USD288.57 billion of products to other parts of the world. Turkey's exports to Thailand were worth USD236.22 million. Of the amount, more than USD36 million were in the forms of inorganic chemicals, precious metal compounds, and isotopes while organic chemicals accounted for USD1.95 million.
By sector, Turkey exported USD 68.5 million in chemical products (cosmetics, mineral oils, chemicals, plastics, adhesives, paints, pharmaceuticals, etc.) to Thailand last year. Of the amount, cosmetics and cleaning products accounted for around USD 1.5 million; plastics for USD 4.2 million, and pharmaceuticals for USD 5.8 million.
"There is still ample room for our exports to grow and support Thailand's economic growth in various aspects. We have cosmetics and beauty products to back Thailand's thriving beauty industry. We have pharmaceuticals and medical devices to support Thailand's medical-hub status and so on," said the representative of IKMIB.
Backed by demand generation and marketing agency Canvassco, IKMIB has already reached out to the Federation of Thai Industrials (FTI), and many trade organizations to ensure the success of the upcoming business-matching event.
Ms. Pornprapun Sriyotha, executive of Canvassco that has served as IKMIB - Trade Delegation to Bangkok' business-matching event's official coordinator, emphasizes that Thai businesses definitely should not miss the opportunity to meet prospective Turkish suppliers because a similar event that will be held in Vietnam this month. .
"Thailand has already built up an extensive network of distribution channels and enjoyed the rapid expansion of online shopping. With the right suppliers, the country will be able to respond well to consumers' shift toward higher-quality goods and retain its status as a major hub for the CLMV market," Ms. Pornprapun from Canvassco continued, "IKMIB - Trade Delegation to Bangkok business-matching event is one of demand generation activities. It is going to be a milestone for many business partnerships".
