One Aussie wine I liked has greatly dropped in price (from 1950thb to 1100thb) but I'm not seeing the price drop that much across the board
but then again my main drink is Chang Export 2013 ....
http://www.austrade.gov.au/Export/Ex...e#.UoWCfxqnp3E
When the Thailand-Australia Free Trade Agreement entered into force on 1 January 2005, Thai tariffs on Australian wine were gradually reduced from 54 per cent in 2005, to 8 per cent in 2013, and will continue to be phased down by 4 per cent each year to reach 0 per cent by 2015. This will give Australian wine producers an immediate competitive advantage over wine from other producing countries that pay a tariff of 51 per cent.
In addition to import tariffs, imported wines are subject to four different tax systems:
- Excise tax – value-based rate at 60 per cent
- Municipal tax – 10 per cent of excise tax
- Value added tax (VAT) – 7 per cent
- Health support project – 2 per cent
Excise tax can be calculated on the CIF value, or volume basis (per litre). The higher excise tax calculation is used as a base for applying the municipal tax and VAT.