Exports from Thailand declined unexpectedly by 1.72 percent year-on-year to USD 19.38 billion in December of 2018, missing market expectations of a a 0.4 percent gain and following a 0.95 percent drop in a month earlier. The decline was mainly due to lower sales of electronic products and gold. Outbound shipments to China contracted 7.3 percent, after a 8.9 percent fall in November. In contrast, sales to the US edged up 0.6 percent, following a 11.9 percent rise in a month earlier. Considering January to December 2018, exports grew 6.70 percent from a year earlier. For 2019, the government expects sales to grow by 8 percent, while the central bank estimates a 3.8 percent increase. Exports in Thailand averaged 10568.48 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 20850.00 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 21600.00 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
2018-09-21 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 -0.95% 8.7% 3.26%
2019-02-21 03:30 AM Exports YoY -1.72%
2019-03-21 04:00 AM Exports YoY
2019-05-22 03:30 AM Exports YoY


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 1064.90 -1180.00 4974.14 -5916.16 USD Million [+]
Current Account 5026.81 1632.47 7594.30 -3745.26 USD Million [+]
Current Account to GDP 10.60 11.70 12.70 -8.30 percent [+]
Imports 18316.40 22415.00 24937.81 2760.00 USD Million [+]
Exports 19381.40 21237.20 22794.45 1997.00 USD Million [+]
External Debt 158129.39 154162.40 158129.39 58984.85 USD Million [+]
Terms of Trade 109.47 108.72 115.39 96.39 Index Points [+]
Tourist Arrivals 3845811.00 3177569.00 3845811.00 404563.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Terrorism Index 6.25 6.61 7.28 4.10 [+]
Remittances 11132.00 11796.00 13376.00 2316.00 THB Billion [+]
Crude Oil Production 225.00 230.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 26270.56 25429.86 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19381.40 21237.20 22794.45 1997.00 1991 - 2018 USD Million Monthly
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