Exports from Thailand unexpectedly 4.7 percent year-on-year to USD 20.08 billion in December 2020, easily beating market consensus of a 2.4 percent fall and after a 3.65 percent decline in November, as global demand recovers in the wake of COVID-19 disruptions. Considering the whole year of 2020, exports fell 6.01 percent, within the government's forecast of a fall between 6 to 7 percent. For 2021, the government expects outbound shipments to increase by 4.0 percent, supported by a further recovery in foreign demand as more countries reemerged from the depths of the pandemic. source: Ministry of Commerce, Thailand

Exports in Thailand averaged 11218.10 USD Million from 1991 until 2020, reaching an all time high of 22827.25 USD Million in August of 2018 and a record low of 1997 USD Million in February of 1991. This page provides - Thailand Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Exports - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Exports in Thailand is expected to be 20000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Thailand to stand at 23400.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 25400.00 USD Million in 2022, according to our econometric models.

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Thailand Exports

Actual Previous Highest Lowest Dates Unit Frequency
20082.74 18932.66 22827.25 1997.00 1991 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-22 03:30 AM Sep -3.86% -7.94% -4.08%
2020-11-23 03:30 AM Oct -6.71% -3.86% -6%
2020-12-23 03:30 AM Nov -3.65% -6.71% -3.2%
2021-01-22 03:30 AM Dec 4.7% -3.65% -2.4%


News Stream
Thailand Exports Unexpectedly Grow
Exports from Thailand unexpectedly rose by 4.7 percent year-on-year to USD 20.08 billion in December 2020, easily beating market consensus of a 2.4 percent fall and after a 3.65 percent decline in November, as global demand recovers in the wake of COVID-19 disruptions. Considering the whole year of 2020, exports fell 6.01 percent, within the government's forecast of a fall between 6 to 7 percent. For 2021, the government expects outbound shipments to increase by 4.0 percent, supported by a further recovery in foreign demand as more countries reemerged from the depths of the pandemic.
2021-01-22
Thailand Exports Drop More than Expected
Exports from Thailand shrank 3.65 percent year-on-year to USD 18.93 billion in November 2020, compared to market expectations of a 3.2 percent fall and after a 6.71 percent decline in October, amid the prolonged impact of the COVID-19 crisis. Considering the first eleven months of the year, exports fell 6.92 percent from the same period of 2019. A ministry official said that outbound shipments this year may not drop much further, but could take a long time to recover. For full 2020, the government expects outbound shipment to fall between 6 to 7 percent, as global demand deteriorated due to the pandemic.
2020-12-23
Thailand Exports Drop Slightly More than Expected
Exports from Thailand shrank 6.71 percent year-on-year to USD 19.38 billion in October 2020, compared to market expectations of a 6 percent fall and after a 3.86 percent decline in September, amid the prolonged impact of the COVID-19 crisis. A ministry official said earlier that outbound shipments this year may not drop much further, but could take a long time to recover. Considering the first ten months of the year, exports fell 7.26 percent from the same period of 2019. For full 2020, the government expects outbound shipment to fall between 6 to 7 percent, amid deteriorating global demand due to the pandemic.
2020-11-23
Thailand Exports Fall Less than Expected
Exports from Thailand shrank 3.86 percent year-on-year to USD 19.62 billion in September 2020, compared to market expectations of a 4.08 percent fall and after a 7.94 percent slump in August, amid the prolonged impact of the COVID-19 crisis. A ministry official said earlier that outbound shipments this year may not drop much further, but could take a long time to recover. Considering the first nine months of the year, exports fell 7.33 percent from the same period of 2019. For full 2020, the government expects outbound shipment to fall between 6 to 7 percent, amid deteriorating global demand due to the pandemic.
2020-10-22

Thailand Exports
Thailand is an export oriented economy with exports accounting for around 65 percent of the GDP. The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important. Agricultural goods, mainly rice and rubber, account for 8 percent of total shipments. Major export partners are China (12 percent), Japan (10 percent), the United States (10 percent) and the European Union (9.5 percent). Others include: Malaysia, Australia and Singapore.

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category