Imports in Thailand
Thailand - Imports
Export growth accelerates in January
In January, the trade balance recorded a USD 0.8 billion surplus. The reading was above the USD 0.2 billion surplus observed in the same month last year but a notch below the USD 0.9 billion surplus registered in December. The 12-month sum of the trade balance recorded a USD 21.3 billion surplus in January, which was slightly up from the USD 20.7 billion surplus seen in the previous month.
Exports in January grew 8.8% on an annual basis, accelerating from the 6.2% increase seen in December. The reading was below the 9.9% rise that market analysts had expected. Imports slowed down and grew 5.2% in January (December: +10.3% year-on-year), undershooting the 11.9% increase that analysts had expected
In 2017, FocusEconomics Consensus Forecast panelists expect exports to increase 1.5% and they see the trade surplus reaching USD 28.4 billion. For 2018, panelists expect exports to expand 1.8% and the trade surplus to be USD 25.5 billion.
Thailand - Imports Data
|Imports (USD billion)||203||219||219||200||177|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.80||0.36 %||Mar 23|
|Exchange Rate||34.58||-0.30 %||Mar 23|
|Stock Market||1,569||0.13 %||Mar 23|
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March 2, 2017
In February, consumer prices rose by 0.04% on a month-on-month basis, down from the 0.16% increase recorded in January.
February 28, 2017
In January, the trade balance recorded a USD 0.8 billion surplus.
February 28, 2017
In January, manufacturing production increased 1.3% from the same month last year, which was an acceleration from the flat reading in December 2016.
February 20, 2017
Thailand’s economy activity was broadly steady in the fourth quarter of last year as fiscal stimulus lifted domestic demand and counterweighed uncertainty regarding the country’s leadership.
February 8, 2017
At its 8 February monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, as market analysts had expected. The BoT stated that the Thai economy has been growing faster than it had foreseen on the back of the gradually improving performance of the domestic economy.