Imports to Thailand tumbled 14.32 percent year-on-year to USD 17.33 billion in October of 2020, compared with market expectations of a 13.4 percent drop and after a 9.08 percent fall in August, amid deteriorating domestic demand due to the COVID-19 crisis. Many of the materials Thailand imports are assembled into completed goods and shipped out again. Considering the January to October period, imports slumped 14.61 percent. source: Ministry of Commerce, Thailand
Imports in Thailand averaged 11049.47 USD Million from 1991 until 2020, reaching an all time high of 24937.81 USD Million in March of 2012 and a record low of 2760 USD Million in February of 1992. This page provides the latest reported value for - Thailand Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Imports - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Imports 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 Imports in Thailand to stand at 10950.00 in 12 months time. In the long-term, the Thailand Imports is projected to trend around 22700.00 USD Million in 2021 and 23700.00 USD Million in 2022, according to our econometric models.