Exports from Thailand unexpectedly rose by 3.35 percent to USD 19.63 billion in January 2020, easily beating market consensus of a 2.95 percent fall and swinging from a 1.28 percent decline in the previous month. This was the first increase in exports in six months, mainly led by higher shipments of gold and oil-related products. Among major trading partners, overseas sales grew to the US (9.9 percent) and China (5.2 percent), but declined to Japan (-2.5 percent). January's figures showed that exports were not yet affected by the COVID-19 outbreak and the commerce ministry still expects exports will grow between 0-2% in 2020, as they should start to improve in the second quarter, according to a ministry official.
Exports in Thailand averaged 10939.07 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. source: Ministry of Commerce, Thailand
Exports in Thailand is expected to be 21600.00 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 22000.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 23400.00 USD Million in 2021, according to our econometric models.