Thailand's trade surplus was at USD 0.71 billion in March 2021, down sharply from USD 1.73 billion in the same month a year earlier and compared with market forecasts of a surplus of USD 0.6 billion. Exports grew by 8.47 percent year-on-year to a record high of USD 24.22 billion, while imports rose at a faster 14.12 percent to USD 23.51 billion. Considering the first three months of the year, the trade surplus fell sharply to USD 0.52 billion from USD 4.62 billion in the corresponding period of 2020. source: Ministry of Commerce, Thailand
Balance of Trade in Thailand averaged 130.43 USD Million from 1991 until 2021, reaching an all time high of 4974.14 USD Million in February of 2016 and a record low of -5916.16 USD Million in January of 2013. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Balance of Trade in Thailand is expected to be 500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Thailand to stand at 690.00 in 12 months time. In the long-term, the Thailand Balance of Trade is projected to trend around 2700.00 USD Million in 2022, according to our econometric models.