Exports from Thailand jumped 43.82 percent year-on-year to USD 23.70 billion in June 2021, beating above market expectations of a 38.98 percent growth and after a 41.59 percent gain a month earlier. This was the fastest rise in outbound shipments in eleven years, amid strengthening foreign demand in the wake of coronavirus infections. Sales of vehicle and auto parts jumped 78.5% yoy, while those of computers and parts gained 21.6%. Exports rose to the US (41%), China (42%), Japan (32%), and the EU (47%). In the first half of the year, shipments grew by 15.53% from the same period of 2020. source: Ministry of Commerce, Thailand

Exports in Thailand averaged 11395.47 USD Million from 1991 until 2021, reaching an all time high of 24222.45 USD Million in March of 2021 and a record low of 1997 USD Million in February of 1991. This page provides - Thailand Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Exports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Exports in Thailand is expected to be 24500.00 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 25400.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 25400.00 USD Million in 2022, according to our econometric models.

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Thailand Exports

Actual Previous Highest Lowest Dates Unit Frequency
23699.43 23057.91 24222.45 1997.00 1991 - 2021 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-23 03:30 AM Mar 8.47% -2.59% -0.48%
2021-05-25 03:30 AM Apr 13.09% 8.47% 9.6%
2021-06-24 03:30 AM May 41.59% 13.09% 30%
2021-07-23 03:30 AM Jun 43.82% 41.59% 38.98%


News Stream
Thailand Exports Rise the Most in 11 Years
Exports from Thailand jumped 43.82 percent year-on-year to USD 23.70 billion in June 2021, beating above market expectations of a 38.98 percent growth and after a 41.59 percent gain a month earlier. This was the fastest rise in outbound shipments in eleven years, amid strengthening foreign demand in the wake of coronavirus infections. Sales of vehicle and auto parts jumped 78.5% yoy, while those of computers and parts gained 21.6%. Exports rose to the US (41%), China (42%), Japan (32%), and the EU (47%). In the first half of the year, shipments grew by 15.53% from the same period of 2020.
2021-07-23
Thailand Exports Rise the Most in 11 Years
Exports from Thailand jumped 41.59 percent year-on-year to USD 23.06 billion in May 2021, well above market estimates of a 30 percent growth and after a 13.09 percent gain a month earlier. This was the fastest rise in outbound shipments in almost eleven years, amid strengthening foreign demand in the wake of coronavirus infections. The export gains were led by a 170% surge in cars and car parts shipments and a 45% rise in electronics. Sales expanded to the US (44.9 percent), China (25.5 percent), and Japan (27.4 percent). In the first five months of the year, exports went up 10.78 percent from the same period of 2020.
2021-06-24
Thailand Exports Rise the Most in 3 Years
Exports from Thailand expanded by 13.09 percent year-on-year to USD 21.43 billion in April 2021, compared with market consensus of a 9.6 percent growth and after an 8.37 percent gain a month earlier. This was the fastest rise in outbound shipments in three years, amid strengthening foreign demand in the wake of coronavirus infections. Sales were higher for cars and auto parts, rubber, computers, and oil. Shipments to China, Thailand's top market, jumped by 21.9 percent year on year, while those to the US grew by 9 percent and those to the EU surged 52.5 percent. Considering the first four months of the year, exports rose 4.78 percent from the same period of 2020. The government expects outbound shipments to increase by 4 percent this year, supported by a recovery in foreign demand. In 2020, exports fell 6.01 percent, within the government's forecast of a fall between 6 to 7 percent.
2021-05-25
Thailand Exports Hit Record High
Exports from Thailand unexpectedly expanded 8.47 percent year-on-year to a record high of USD 24.22 billion in March 2021, easily beating market consensus of a 0.48 percent fall and after a 2.59 percent drop in the previous month. This was the steepest growth in outbound shipments in 28 months, amid recovering global demand as more countries reopened their economies in the aftermath of COVID-19 disruptions, Sales were mainly led by cars and car parts, rubber products, and plastic pellets. The government estimates exports to increase by 4 percent this year, as a recovery in foreign demand continues. In 2020, shipments fell 6.01 percent, within the government's forecast of a fall between 6 to 7 percent.
2021-04-23

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.

United Nations Comtrade Database
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