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. source: Ministry of Commerce, Thailand

Exports in Thailand averaged 11125.27 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 October of 2020.

Exports in Thailand is expected to be 19500.00 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 23500.00 in 12 months time. In the long-term, the Thailand Exports is projected to trend around 23400.00 USD Million in 2021 and 25400.00 USD Million in 2022, according to our econometric models.

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Thailand Exports

Actual Previous Highest Lowest Dates Unit Frequency
19621.32 20212.35 22827.25 1997.00 1991 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-24 03:30 AM Jun -23.17% -22.5% -15.5%
2020-08-24 03:30 AM Jul -11.37% -23.17% -17.8%
2020-09-23 03:30 AM Aug -7.94% -11.37% -12.05%
2020-10-22 03:30 AM Sep -3.86% -7.94% -4.08%


News Stream
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 Fall Less than Estimated
Exports from Thailand shrank 7.94 percent year-on-year to USD 20.21 billion in August 2020, compared to market expectations of a 12.5 percent plunge and after an 11.37 percent slump in July, amid the prolonged impact of the COVID-19 crisis, with shipments falling for cars, machinery, and plastic pellets. 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 eight months of the year, exports fell 7.75 percent from the same period of 2019.
2020-09-23
Thailand Exports Drop Less than Estimated
Exports from Thailand shrank 11.37 percent year-on-year to USD 18.82 billion in July 2020, compared to market expectations of a 17.8 percent plunge and after a 23.17 percent slump in June, amid the prolonged impact of the COVID-19 crisis, with shipments falling for cars, and plastic pellets. 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 seven months of the year, exports fell 7.72 percent.
2020-08-24
Thailand Exports Plummet More than Estimated
Exports from Thailand slumped 23.17 percent year-on-year to USD 16.44 billion in June 2020, compared with market expectations of a 15.5 percent fall and after a 22.5 percent plunge in May, due to the severe impact of the coronavirus pandemic. Shipments fell for cars, gold, and plastic pellets. A ministry official said recently that outbound shipments this year may not drop much further, but could take a long time to recover. Considering the first six months of the year, exports fell 7.09 percent.
2020-07-24

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