Exports from Thailand shrank 7.94 percent year-on-year to USD 20.21 billion in August 2020, compared to market expectations of a 12.5 percent plunge and after an 11.37 percent slump in July, amid the prolonged impact of the COVID-19 crisis, with shipments falling for cars, machinery, and plastic pellets. A ministry official said earlier that outbound shipments this year may not drop much further, but could take a long time to recover. Considering the first eight months of the year, exports fell 7.75 percent from the same period of 2019.
Exports in Thailand averaged 11125.27 USD Million from 1991 until 2020, reaching an all time high of 22827.25 USD Million in August of 2018 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 October of 2020. source: Ministry of Commerce, Thailand
Exports in Thailand is expected to be 19500.00 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 23500.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 23400.00 USD Million in 2021 and 25400.00 USD Million in 2022, according to our econometric models.