Exports from Thailand rose by 8.7 percent year-on-year to USD 21.76 billion in October 2018, recovering from a 5.2 percent drop in a month earlier and beating market expectations of a 4.5 percent gain. The rebound was mainly driven by higher sales of fuel, gold, petrochemicals and agricultural products. In contrast, outbound shipments fell for: cars and parts, computers and accessories and electronics. Sales to China went up 3 percent, after a 14 percent slump in the previous month. In addition, sales to the US advanced 7.2 percent, way stronger than a 1.2 percent growth in September. So far this year, outbound shipments grew 8.19 percent compared to the same period a year earlier. For 2018, the government expects exports to rise 8 percent, after a 9.9 percent increase in 2017. Exports in Thailand averaged 10510.15 USD Million from 1991 until 2018, reaching an all time high of 22794.45 USD Million in August of 2018 and a record low of 1997 USD Million in February of 1991.

Exports in Thailand is expected to be 18900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Thailand to stand at 21400.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 22000.00 USD Million in 2020, according to our econometric models.

Thailand Exports
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-22 04:00 AM Exports YoY 8.27% 8.19% 9.8%
2018-09-21 03:45 AM Exports YoY 6.68% 8.27% 5%
2018-10-22 03:30 AM Exports YoY -5.2% 6.68% 6.05%
2018-11-21 03:30 AM Exports YoY 8.7% -5.2% 4.5%
2018-12-21 03:30 AM Exports YoY 8.7%
2019-01-21 03:30 AM Exports YoY
2019-02-21 04:30 AM Exports YoY


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade -279.52 487.20 4974.14 -5916.16 USD Million [+]
Exports 21757.21 20699.82 22794.45 1997.00 USD Million [+]
Imports 22036.71 20212.62 24937.81 2760.00 USD Million [+]
Current Account 1890.00 2370.00 7594.30 -3745.26 USD Million [+]
Current Account to GDP 10.60 11.70 12.70 -8.30 percent [+]
External Debt 154162.40 152733.25 154162.40 58984.85 USD Million [+]
Terms of Trade 107.05 107.40 115.39 96.39 Index Points [+]
Tourist Arrivals 2712030.00 2655560.00 3566890.00 399600.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Terrorism Index 6.61 6.71 7.28 4.10 [+]
Remittances 13190.00 11276.00 13376.00 2316.00 THB Billion [+]
Crude Oil Production 225.00 230.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 31169.43 27125.54 125800.99 -95430.07 THB Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Thailand Exports

Thailand is an export oriented economy with exports accounting for around 65 percent of the GDP. The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important. Agricultural goods, mainly rice and rubber, account for 8 percent of total shipments. Major export partners are China (12 percent), Japan (10 percent), the United States (10 percent) and the European Union (9.5 percent). Others include: Malaysia, Australia and Singapore. This page provides - Thailand Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Exports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
21757.21 20699.82 22794.45 1997.00 1991 - 2018 USD Million Monthly
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