Thailand Trade October 2016


Thailand: Exports slip in October

November 30, 2016

In October, the trade balance recorded a USD 0.3 billion surplus, the lowest result in nine months. The reading was below the USD 2.1 billion surplus observed in the same month of the previous year and the USD 2.6 billion surplus registered in September. The 12-month sum of the trade balance recorded a USD 20.0 billion surplus in October, which was down from the USD 21.8 billion surplus seen in the previous month.

Exports in October decreased 4.2% from the same month of the previous year, contrasting the 3.4% expansion seen in September. Imports accelerated and grew 6.5% in October, the fastest rise in over two years, after recording a 5.6% decrease in September.

In 2017, FocusEconomics Consensus Forecast panelists expect exports to decrease 0.1% and they see the trade surplus reaching USD 30.3 billion. For 2018, panelists expect exports to rebound and expand 0.8%.

Author: Marlène Rump, Senior Data Analyst

Sample Report

Looking for forecasts related to Trade in Thailand? Download a sample report now.


Thailand Trade Chart

Thailand Trade12m October 2016 0

Note: 12-month sum of trade balance in USD billion and annual variation of the 12-month sum of exports and imports in %.
Source: Bank of Thailand (BoT) and FocusEconomics calculations.

Thailand Economic News

  • Thailand: Inflation inches down in May

    June 4, 2019

    Consumer prices increased 0.48% month-on-month in May, up from the prior month’s 0.44% rise, reflective on noticeable price increases for food and non-alcoholic beverages, while transportation and communication costs also rose albeit at a softer pace than in the prior month.

    Read more

  • Thailand: Manufacturing output rebounds in April

    May 28, 2019

    Manufacturing production rose 2.0% year-on-year in April, swinging from a revised 2.7% contraction in March (previously reported: -2.5% year-on-year).

    Read more

  • Thailand: Exports fall again in April

    May 23, 2019

    Thailand recorded a trade deficit of USD 1.5 billion in April, swinging from a USD 2.0 billion surplus in March; the 12-month moving sum of the trade balance narrowed from a USD 3.0 billion surplus in March to a USD 2.6 billion surplus.

    Read more

  • Thailand: Economic growth moderates to near five-year low in Q1

    May 21, 2019

    Economic growth decelerated to 2.8% year-on-year in the first quarter of 2019, down from the 3.6% annual expansion logged in Q4 last year and the lowest reading in nearly half a decade.

    Read more

  • Thailand: Inflation stable in April at lower end of Central Bank’s target range

    May 16, 2019

    Consumer prices rose 0.44% in April over the previous month (March: 0.41% month-on-month) due to stronger price increases for food and non-alcoholic beverages, and apparel and footwear. Inflation was stable at March’s 1.2% in April, remaining within the Central Bank’s 1.0%–4.0% target range for the second time after several months of undershooting.

    Read more

More news

Search form