Thailand trade surplus decreased sharply to USD 0.49 billion in September of 2018 from USD 3.44 billion in the same month a year earlier and missing market consensus of a surplus of USD 1.61 billion. Year-on-year, inbound shipments increased 9.9 percent, following a 22.8 percent jump in August and below estimates of a 14.24 percent rise. Exports unexpectedly declined 5.2 percent, missing expectations of a 6.05 percent growth and after a 6.68 percent gain in the previous month. It marked the first drop in outbound shipments in 19 months. Considering the first nine months of 2018, the trade surplus narrowed sharply to USD 2.83 billion from USD 13.22 billion in the corresponding period the prior year. Balance of Trade in Thailand averaged 31.34 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
2018-08-22 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
2018-10-22 03:30 AM Balance of Trade $0.49B $-0.59B $1.61B $ 0.3B
2018-11-22 03:00 AM Balance of Trade $0.49B $ 1.1B
2018-12-21 04:00 AM Balance of Trade $ 0.94B


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 490.00 -588.14 4974.14 -5916.16 USD Million [+]
Exports 20699.82 22794.45 22794.45 1997.00 USD Million [+]
Imports 20212.62 23382.59 24937.81 2760.00 USD Million [+]
Current Account 2369.23 752.60 7594.30 -3745.26 USD Million [+]
Current Account to GDP 10.60 11.70 12.70 -8.30 percent [+]
External Debt 154162.40 152733.25 154162.40 58984.85 USD Million [+]
Terms of Trade 107.40 107.77 115.39 96.39 Index Points [+]
Tourist Arrivals 2655560.00 3228590.00 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 11276.00 12328.00 13376.00 2316.00 THB Billion [+]
Crude Oil Production 213.00 225.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 27125.54 23351.62 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
490.00 -588.14 4974.14 -5916.16 1991 - 2018 USD Million Monthly
Current Prices, NSA




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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