Thailand's trade surplus widened to USD 2.0 billion in March 2019 from USD 1.5 billion in the same month a year earlier and well above market consensus of a USD 1.28 billion surplus. Exports fell 4.88 percent, compared with forecasts of a 3 percent decline, due to a drop in shipments of electronics, oil and related products, and computers and accessories. Meanwhile, imports slumped 7.63 percent, worse than expectations of a 2.95 percent decrease. Considering the first three month of the year, the trade surplus narrowed to USD 2.0 billion from USD 2.3 billion in the corresponding period the previous year. Balance of Trade in Thailand averaged 37.92 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 1290.00 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
2019-01-21 03:30 AM Balance of Trade $1.06B $-1.18B $-1.1B $ 0.29B
2019-02-22 03:30 AM Balance of Trade $-4.03B $1.06B $0.32B $1.1B
2019-03-21 04:00 AM Balance of Trade $4.03B $-4.03B $0.14B $-1B
2019-04-22 03:30 AM Balance of Trade $2.0B $4.03B $1.28B $2.5B
2019-05-22 03:30 AM Balance of Trade $2.0B
2019-06-21 04:00 AM Balance of Trade
2019-07-20 04:00 AM Balance of Trade


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 2004.65 4034.42 4974.14 -5916.16 USD Million [+]
Current Account 6504.72 2285.45 7594.30 -3745.26 USD Million [+]
Current Account to GDP 7.50 11.00 12.70 -8.30 percent [+]
Imports 19435.55 17519.24 24937.81 2760.00 USD Million [+]
Exports 21440.20 21553.66 22794.45 1997.00 USD Million [+]
External Debt 161014.26 158129.39 161014.26 58984.85 USD Million [+]
Terms of Trade 108.45 109.20 115.39 96.39 Index Points [+]
Tourist Arrivals 3572988.00 3718504.00 3845811.00 404563.00 [+]
Gold Reserves 154.00 154.00 154.00 72.59 Tonnes [+]
Remittances 10267.00 11855.00 13376.00 2316.00 THB Billion [+]
Terrorism Index 6.25 6.61 7.28 4.10 [+]
Crude Oil Production 223.00 234.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 28562.52 23777.77 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2004.65 4034.42 4974.14 -5916.16 1991 - 2019 USD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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