A beach town in Thailand

Thailand Trade December 2018

Thailand: Trade balance swings back into black in December

Thailand’s external sector logged a trade surplus of USD 1.1 billion in December, contrasting the USD 1.2 billion shortfall in November and markedly above the USD 220 million deficit of December 2017. The 12-month moving sum of the trade balance doubled from USD 1.2 billion in November to USD 2.4 billion in December.

Exports contracted 1.7% year-on-year in December, which was larger than November’s 0.9% drop. The result came on the tails of stronger falls in shipments of automatic data processing machines and parts, rubber and, electronic integrated circuits. Rice exports also dropped but at a softer rate than in the prior month. Imports contracted a sharp 8.1% in December, swinging from the strong 14.7% increase seen in November.

Thailand Trade Balance Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest