Thailand posted a trade surplus of USD 2.46 billion in April 2020, shifting from a gap of USD 1.34 billion in the same month the prior year and easily beating market consensus of a surplus of USD 0.41 billion. This marked the third straight month of surplus, as exports grew by 2.12 percent year-on-year while imports slumped 17.13 percent.
Balance of Trade in Thailand averaged 80.54 USD Million from 1991 until 2020, 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 May of 2020. source: Ministry of Commerce, Thailand
Balance of Trade in Thailand is expected to be 4300.00 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 600.00 in 12 months time. In the long-term, the Thailand Balance of Trade is projected to trend around 690.00 USD Million in 2021 and 700.00 USD Million in 2022, according to our econometric models.