Imports to Thailand soared 14.66 percent year-on-year to USD 22.41 billion in November 2018, beating market estimates of a 8.34 percent growth and after a 11.23 percent rise in October. Imports rose mainly due to higher purchases of crude oil (+102 percent); machinery and parts (+10.9 percent) and chemicals (+17.4 percent). The most important import partners were: China (20.9 percent of total imports), Japan (14.2 percent), the US (6.3 percent), Malaysia (5.1 percent) and United Arab Emirates (4.1 percent). Considering the first eleven months of the year, inbound shipments jumped 14.77 percent compared to the same period the preceding year. Many of the materials Thailand imports are assembled into completed goods and shipped out again. Imports in Thailand averaged 10515.38 USD Million from 1991 until 2018, reaching an all time high of 24937.81 USD Million in March of 2012 and a record low of 2760 USD Million in February of 1992.

Imports in Thailand is expected to be 17930.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Thailand to stand at 20607.00 in 12 months time. In the long-term, the Thailand Imports is projected to trend around 21310.00 USD Million in 2020, according to our econometric models.

Thailand Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-21 03:45 AM Imports YoY 22.8% 10.53% 11.1%
2018-10-22 03:30 AM Imports YoY 9.9% 22.8% 14.24%
2018-11-21 03:30 AM Imports YoY 11.23% 9.9% 6.8%
2018-12-21 03:30 AM Imports YoY 14.66% 11.23% 8.34%
2019-01-21 03:30 AM Imports YoY 14.66% 17930%
2019-02-21 04:30 AM Imports YoY
2019-03-21 04:00 AM Imports YoY


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade -1177.80 -279.50 4974.14 -5916.16 USD Million [+]
Current Account 1632.47 1887.61 7594.30 -3745.26 USD Million [+]
Current Account to GDP 10.60 11.70 12.70 -8.30 percent [+]
Imports 22414.65 22036.71 24937.81 2760.00 USD Million [+]
Exports 21236.32 21757.21 22794.45 1997.00 USD Million [+]
External Debt 158129.39 154162.40 158129.39 58984.85 USD Million [+]
Terms of Trade 108.72 107.05 115.39 96.39 Index Points [+]
Tourist Arrivals 3177569.00 2712033.00 3566898.00 404563.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Terrorism Index 6.61 6.71 7.28 4.10 [+]
Remittances 11796.00 13190.00 13376.00 2316.00 THB Billion [+]
Crude Oil Production 225.00 230.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 25429.86 31169.43 125800.99 -95430.07 THB Million [+]

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



Thailand Imports

Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent. Machinery, equipment and supplies such as computers and mechanical represent 25 percent of total imports, and consumer goods account for 8 percent. Main import partners are Japan (20 percent of total imports), China (15 percent) and the European Union (8 percent). Others include the United Arab Emirates, Malaysia and the United States. This page provides the latest reported value for - Thailand Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Imports - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
22414.65 22036.71 24937.81 2760.00 1991 - 2018 USD Million Monthly
Current Prices, NSA




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