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.


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Thailand Exports

Actual Previous Highest Lowest Dates Unit Frequency
19625.73 19154.17 22827.25 1997.00 1991 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-21 04:00 AM Oct -4.54% -1.39% -3.7%
2019-12-23 03:00 AM Nov -7.39% -4.54% -4.5%
2020-01-22 03:30 AM Dec -1.28% -7.39% -2.05%
2020-02-24 03:00 AM Jan 3.35% -1.28% -2.95%


News Stream
Thailand Exports Unexpectedly Grow
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.
2020-02-24
Thailand Exports Fall For 5th Month
Exports from Thailand declined by 1.28 percent year-on-year to USD 19.15 billion in December 2019, compared to market forecasts of a 2.05 percent fall and following a 7.39 percent slump in the previous month. It was the fifth consecutive month of decreases in overseas sales. Considering the whole year, overseas sales shrank 2.65 percent from the corresponding period a year earlier.
2020-01-22
Thailand Exports Drop More than Expected
Exports from Thailand declined by 7.39 percent year-on-year to USD 19.66 billion in November 2019, compared to market forecasts of a 4.5 percent fall and following a 4.54 percent drop in the previous month. Considering the January to November 2019, overseas sales shrank 2.77 percent from the corresponding period a year earlier. The commerce ministry predicts exports to grow by 3 percent this year, while the state planning agency sees exports falling 1.2 percent.
2019-12-23
Thailand Exports Fall More than Expected
Exports from Thailand declined by 4.54 percent year-on-year to USD 20.76 billion in October 2019, compared to market forecasts of a 3.7 percent fall and following a 1.39 percent growth in the previous month. Sales to China contracted 4.2 percent, while those to the US grew by 4.8 percent. Considering the January to October period, exports shrank 2.35 percent from a year earlier. The commerce ministry predicts exports to grow by 3 percent this year, while the state planning agency sees exports falling 1.2 percent.
2019-11-21

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