Reference

·

Supporting source

EU CBAM exposure on Thai exports (transitional phase)

~USD 1.2-1.5B exposed annual value

As of2024 (CBAM transitional reporting)·Sources4·Supporting

The EU Carbon Border Adjustment Mechanism (CBAM), in transitional reporting from October 2023 and entering definitive financial phase in 2026, currently covers cement, iron/steel, aluminium, fertilisers, electricity, and hydrogen. Thai exports of CBAM-scope goods to the EU run at approximately USD 1.2-1.5 billion annually per Thai Customs and EU TARIC data, dominated by iron/steel semi-finished and aluminium long products from SCG and Thai Tinplate. The maritime supply chain impact is real but indirect: Thai exporters are filing CBAM declarations, and embedded-emissions reporting is reshaping commodity-mix decisions at Laem Chabang. Expansion of CBAM scope (chemicals, polymers under consideration for post-2030) would materially widen exposure.

Figure in context

The EU Carbon Border Adjustment Mechanism (CBAM), in transitional reporting from October 2023 and entering definitive financial phase in 2026, currently covers cement, iron/steel, aluminium, fertilisers, electricity, and hydrogen. Thai exports of CBAM-scope goods to the EU run at approximately USD 1.2-1.5 billion annually per Thai Customs and EU TARIC data, dominated by iron/steel semi-finished and aluminium long products from SCG and Thai Tinplate. The maritime supply chain impact is real but indirect: Thai exporters are filing CBAM declarations, and embedded-emissions reporting is reshaping commodity-mix decisions at Laem Chabang. Expansion of CBAM scope (chemicals, polymers under consideration for post-2030) would materially widen exposure.

The EU Carbon Border Adjustment Mechanism (CBAM), in transitional reporting from October 2023 and entering definitive financial phase in 2026, currently covers cement, iron/steel, aluminium, fertilisers, electricity, and hydrogen. Thai exports of CBAM-scope goods to the EU run at approximately USD 1.2-1.5 billion annually per Thai Customs and EU TARIC data, dominated by iron/steel semi-finished and aluminium long products from SCG and Thai Tinplate. The maritime supply chain impact is real but indirect: Thai exporters are filing CBAM declarations, and embedded-emissions reporting is reshaping commodity-mix decisions at Laem Chabang. Expansion of CBAM scope (chemicals, polymers under consideration for post-2030) would materially widen exposure.

Time scope

2024 (CBAM transitional reporting)

Source basis

Supporting source

Interpretation notes

What this tells you

The EU Carbon Border Adjustment Mechanism (CBAM), in transitional reporting from October 2023 and entering definitive financial phase in 2026, currently covers cement, iron/steel, aluminium, fertilisers, electricity, and hydrogen. Thai exports of CBAM-scope goods to the EU run at approximately USD 1.2-1.5 billion annually per Thai Customs and EU TARIC data, dominated by iron/steel semi-finished and aluminium long products from SCG and Thai Tinplate. The maritime supply chain impact is real but indirect: Thai exporters are filing CBAM declarations, and embedded-emissions reporting is reshaping commodity-mix decisions at Laem Chabang. Expansion of CBAM scope (chemicals, polymers under consideration for post-2030) would materially widen exposure.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

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EU CBAM exposure on Thai exports (transitional phase) · Insight