Thailand unexpectedly posted a trade deficit of USD 1.22 billion in August 2021, reversing from a surplus of USD 4.35 billion in the same month a year earlier and missing market consensus of a surplus of USD 0.97 billion. This was the first trade gap since January, as exports grew by 8.93 percent year-on-year to USD 21.98 billion, while imports rose at a faster 47.92 percent to USD 23.19 billion. Considering the first eight months of the year, the trade surplus tumbled 92.79% from the same period of 2020 to USD 1.40 billion. source: Ministry of Commerce, Thailand
Balance of Trade in Thailand averaged 131.07 USD Million from 1991 until 2021, reaching an all time high of 4974.14 USD Million in February of 2016 and a record low of -5916.16 USD Million in January of 2013. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Balance of Trade in Thailand is expected to be 4000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Balance of Trade is projected to trend around 2700.00 USD Million in 2022, according to our econometric models.