Exports from Thailand rose unexpectedly by 5.91 percent year-on-year to USD 21.55 billion in February 2019, beating market expectations of a 1 percent fall and recovering from a 5.65 percent drop in the previous month. It marked the first increase in overseas sales, mainly driven by shipments of arms and weapons after military drills. Otherwise, exports would have dropped 3.4 percent. For 2019, the government expects sales to grow by 8 percent, while the central bank estimates a 3.8 percent increase. Exports in Thailand averaged 10627.04 USD Million from 1991 until 2019, reaching an all time high of 22794.45 USD Million in August of 2018 and a record low of 1997 USD Million in February of 1991.

Exports in Thailand is expected to be 20850.00 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 21600.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 22000.00 USD Million in 2020, according to our econometric models.

Thailand Exports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-21 03:30 AM Exports YoY 8.7% -5.2% 4.5%
2018-12-21 03:30 AM Exports YoY -0.95% 8.7% 3.26%
2019-02-22 03:30 AM Exports YoY -5.65% -1.72% -1%
2019-03-21 04:00 AM Exports YoY 5.91% -5.65% -1%
2019-05-22 03:30 AM Exports YoY
2019-06-21 04:00 AM Exports YoY
2019-08-22 04:00 AM Exports YoY


Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 4030.00 -4032.40 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 17519.24 23026.28 24937.81 2760.00 USD Million [+]
Exports 21553.66 18993.92 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 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. This page provides - Thailand Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Exports - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
21553.66 18993.92 22794.45 1997.00 1991 - 2019 USD Million Monthly
Current Prices, NSA




Related

Latest