Exports from Thailand increased by 10.5% from a year earlier in May of 2022, accelerating from a 9.9% gain a month earlier and easily beating market consensus of 6.7%, boosted by rises in sales of oil and passenger car. While increasing for the 15th straight month, amid strong global demand, as more countries reopened further their economies. The national shippers' group said that exports are expected to grow by 10% in the first half of the year from a year earlier. source: Ministry of Commerce, Thailand

Exports YoY in Thailand averaged 8.36 percent from 1994 until 2022, reaching an all time high of 45.50 percent in June of 2010 and a record low of -26.60 percent in May of 2009. This page includes a chart with historical data for Thailand Exports YoY. Thailand Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

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Thailand Exports YoY


Thailand Exports YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 9.90 45.50 -26.60 1994 - 2022 percent Monthly
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News Stream
Thailand Exports Growth Beats Estimates
Exports from Thailand increased by 10.5% from a year earlier in May of 2022, accelerating from a 9.9% gain a month earlier and easily beating market consensus of 6.7%, boosted by rises in sales of oil and passenger car. While increasing for the 15th straight month, amid strong global demand, as more countries reopened further their economies. The national shippers' group said that exports are expected to grow by 10% in the first half of the year from a year earlier.
2022-06-23
Thailand Exports Growth Eases to 3-Month Low
Exports from Thailand grew by 9.9% from a year earlier to USD 23.52 billion in April of 2022, easing sharply from a 19.5% jump a month earlier and far below market consensus of 14.6%. While increasing for the 14th straight month, the latest reading marked the slowest pace of expansion in shipments since the start of the year, amid lingering supply chain disruptions due to Russia's invasion of Ukraine. Exports grew for both agricultural and agro-industrial products (10.8 percent) and industrial products (8.3 percent), namely gems and jewelry (48.5 percent), iron, steel and their products (25.6 percent). By contrast, exports fell for automobile, equipment and parts (-10.9 percent), computers, equipment and parts (-30.7 percent), and rubber products (-5.2 percent). Exports increased to the US (13.6 percent), while declined to China (-7.2 percent), Japan (-0.3 percent), and Russia (-77 percent). For the first four months of the year, exports rose by 13.7 percent from a year earlier.
2022-05-27
Thailand Exports Rise More than Expected
Exports from Thailand rose by 19.5% from a year earlier to USD 28.86 billion in March of 2022, accelerating from a 16.2% rise a month earlier and easily beating market consensus of 2.4%. This was the 13th straight month of increase in exports and the second straight month of double-digit growth, mainly boosted by gold and electronics, despite mounting supply chain disruptions due to Russia's invasion of Ukraine. Exports of gold were 11 times higher than a year earlier while shipments of hard disk drives rose 68% year-on-year and passenger cars increased 14%. Earlier this month, the national shippers' group said the growth of exports could slow to 2-4% in the second quarter due to uncertainty over the war in Ukraine. In 2021, sales increased by 17%.
2022-04-22


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category