Thailand's trade surplus widened sharply to USD 3.21 billion in June 2019 from USD 1.73 billion in the same month a year earlier, easily beating market consensus of a USD 0.83 billion surplus. Exports fell 2.15 percent to USD 21.41 billion while imports plunged 9.44 percent to USD 18.12 billion. Considering the first half of the year, the country's trade surplus decreased to USD 3.94 billion from USD 4.26 billion in the corresponding period of 2018. Balance of Trade in Thailand averaged 46.38 USD Million from 1991 until 2019, 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.

Balance of Trade in Thailand is expected to be 800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Thailand to stand at 3100.00 in 12 months time. In the long-term, the Thailand Balance of Trade is projected to trend around 690.00 USD Million in 2020, according to our econometric models.

Thailand Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-22 03:30 AM Balance of Trade Mar $2.0B $4.03B $1.28B $2.5B
2019-05-22 04:00 AM Balance of Trade Apr $-1.46B $2.0B $-0.49B $-0.85B
2019-06-21 03:00 AM Balance of Trade May $0.18B $-1.46B $0.58B $0.9B
2019-07-22 03:30 AM Balance of Trade Jun $3.21B $0.18B $0.83B $ 1.3B
2019-08-21 03:00 AM Balance of Trade Jul $3.21B $0.54B $-0.7B
2019-09-20 04:00 AM Balance of Trade Aug $-0.4B
2019-10-22 04:00 AM Balance of Trade Sep $ 0.8B


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 3212.20 181.53 4974.14 -5916.16 USD Million [+]
Current Account 3923.16 -376.03 7161.51 -4086.17 USD Million [+]
Current Account to GDP 7.50 11.00 12.70 -8.30 percent [+]
Imports 18197.12 20836.39 24937.81 2760.00 USD Million [+]
Exports 21409.32 21017.92 22827.25 1997.00 USD Million [+]
External Debt 163402.95 161014.26 163402.95 58984.85 USD Million [+]
Terms of Trade 108.53 108.18 115.39 96.39 Index Points [+]
Tourist Arrivals 3052287.00 2726808.00 3845811.00 404563.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Remittances 10567.00 10941.00 13376.00 2316.00 THB Billion [+]
Terrorism Index 6.25 6.61 7.28 4.10 [+]
Crude Oil Production 242.00 242.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 28864.26 70100.40 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3212.20 181.53 4974.14 -5916.16 1991 - 2019 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1061.00 Jun/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -2110200.00 May/19
Switzerland 2671.00 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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