Thailand Balance of Trade  1991-2018 | Data | Chart | Calendar | Forecast

Thailand posted a trade deficit of USD 0.59 billion in August of 2018, compared to a USD 2.33 billion surplus in the same month a year earlier and missing market consensus of a USD 1.19 billion surplus. It was the second straight month of trade gap, mainly due to a surge in imports. Year-on-year, inbound shipments jumped 22.8 percent in August to USD 23.38 billion, far higher than estimates of 11.1 percent and after a 10.53 percent gain in July. Exports grew by 6.68 percent to USD 22.79 billion, above expectations of 5 percent but slower than a 8.27 percent growth in a month earlier. Considering the first eight months of 2018, Thailand reported a trade surplus of USD 2.35 billion, down sharply from a surplus of USD 9.80 billion in the corresponding period the prior year. Balance of Trade in Thailand averaged 29.95 USD Million from 1991 until 2018, 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.

Thailand Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-20 04:00 AM Balance of Trade $1.58B $1.2B $1.28B $ 3.4B
2018-08-22 04:00 AM Balance of Trade $-0.52B $1.58B $0.15B $ 1.3B
2018-09-21 03:45 AM Balance of Trade $-0.59B $-0.52B $1.19B $ 0.73B
2018-10-19 05:00 AM Balance of Trade $-0.59B $ 0.3B
2018-11-22 03:00 AM Balance of Trade $ 1.1B
2018-12-25 04:00 AM Balance of Trade $ 0.94B


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade -588.14 -516.18 4974.14 -5916.16 USD Million [+]
Exports 22794.45 20423.94 22794.45 1997.00 USD Million [+]
Imports 23382.59 20940.12 24937.81 2760.00 USD Million [+]
Current Account 1090.00 4080.00 7594.30 -3745.26 USD Million [+]
Current Account to GDP 10.60 11.70 12.70 -8.30 percent [+]
External Debt 152733.25 148995.34 152733.25 58984.85 USD Million [+]
Terms of Trade 107.88 107.63 115.39 96.39 Index Points [+]
Tourist Arrivals 3175980.00 3025270.00 3566890.00 399600.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Terrorism Index 6.61 6.71 7.28 4.10 [+]
Remittances 11493.00 12120.00 13376.00 2316.00 THB Billion [+]
Crude Oil Production 229.00 205.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 27443.32 44482.77 125800.99 -95430.07 THB Million [+]

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



Thailand Balance of Trade

As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-588.14 -516.18 4974.14 -5916.16 1991 - 2018 USD Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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