Imports in Thailand
Thailand - Imports (percent change)
Exports rebound in March
In March, the Thai trade balance recorded a USD 1.6 billion surplus. The reading was below the USD 3.0 billion surplus observed in the same month last year but mirrored February’s figure. The 12-month sum of the trade balance recorded a USD 16.5 billion surplus in March, which was down from the USD 17.9 billion surplus seen in the previous month.
Exports in March rose 9.2% on an annual basis, contrasting the 2.8% decrease seen in February and well above market analysts’ forecast of a 1.9% increase. Imports recorded another month of buoyant growth, rising 19.3% in March (February: +20.4% year-on-year).
In 2017, FocusEconomics Consensus Forecast panelists expect exports to increase 3.6% and they see the trade surplus reaching USD 30.9 billion. For 2018, panelists expect exports to expand 3.8% and the trade surplus to be USD 28.0 billion.
Thailand - Imports (%) Data
|Imports (annual variation in %)||26.8||8.4||0.3||-8.1||-11.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.67||-0.74 %||May 25|
|Exchange Rate||34.22||-0.60 %||May 25|
|Stock Market||1,569||0.21 %||May 25|
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May 24, 2017
At its 24 May monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, where it has been for nearly two years.
May 3, 2017
In April, consumer prices increased 0.16% on a month-on-month basis, contrasting the 0.46% drop recorded in March.
April 28, 2017
In March, manufacturing production decreased 0.5% from the same month last year, which was a softer decline than the 1.1% drop in February.
April 24, 2017
In March, the Thai trade balance recorded a USD 1.6 billion surplus.
April 3, 2017
In March, consumer prices in Thailand declined 0.46% on a month-on-month basis, contrasting the 0.04% increase recorded in February.