Thai Import Duties On Wine

[vincent13]

For those like myslf who are mystified by the price of imported wine in Thailand I came across an article from January 2024 that provides some clarity on import duties, excise and other taxes imposed on imported wines. My rough calculations suggest that the cost of an AUD$10 (210 baht at current exchange rate) bottle of Australian wine after import duties and taxes are applied rises to about 374 baht (AUD $18) in Thailand - note that "import duties" on Australian wine are 0% under the Thailand-Australia Free Trade Agreement TAFTA) so it is excise duties and local taxes that are responsible for the price of Australian wine in Thailand. For those hoping that the Trump trade negotiations will reduce the price of imported American wine you should note that it is already subject to 0% import duties so our only hope for reduced prices is if the negotiations result in a reduction in excise duties. I hold out little hope unfortunately.

https://www.meiningers-international.com/wine/news/thailand-slashes-taxes-wine

[scoutman360]

Just a few short years ago, there were articles saying Thailand will reduce import tax on wine, which ultimately was supposed to lower prices. Never happened. I have been waiting with baited breath to see the price of any wine bottle go down. 

[JBChiangRai]

12 minutes ago, scoutman360 said:

Just a few short years ago, there were articles saying Thailand will reduce import tax on wine, which ultimately was supposed to lower prices. Never happened. I have been waiting with baited breath to see the price of any wine bottle go down. 

Prices have dropped substantially.

[amexpat]

10 minutes ago, JBChiangRai said:

Prices have dropped substantially.

I haven't noticed.

[topt]

50 minutes ago, JBChiangRai said:

Prices have dropped substantially.

Agreed.

This has come up a couple of times.

40 minutes ago, amexpat said:

I haven't noticed.

I have....

 

1 hour ago, scoutman360 said:

Never happened. I have been waiting with baited breath to see the price of any wine bottle go down. 

Then as mentioned in a previous thread you haven't been looking closely enough or depends on your reference points. 

Agreed they are still too high but there have been some definite reductions.

[MisterTee]

11 hours ago, topt said:

Agreed.

This has come up a couple of times.

I have....

 

Then as mentioned in a previous thread you haven't been looking closely enough or depends on your reference points. 

Agreed they are still too high but there have been some definite reductions.

Please give some definite examples.

If the reductions in price are substantial I'll run out and buy.

[topt]

6 minutes ago, MisterTee said:

Please give some definite examples.

If the reductions in price are substantial I'll run out and buy.

I wouldn't say "substantial" however here was probably the most recent thread on the same subject -

I specifically mention Hope End wine in Makro and general pricing on Jacobs Creek especially at the lower end.

[vincent13]

I'm only familiar with prices of Australian wines but some Jacob's Creek have come down to 445 baht and Wolf Blass from 399 to 369 (but only at Makro). Not substantial reductions and still substantially higher than prices in Australia.