Trade Balance in Thailand

Thailand Trade Balance | Economic News & Forecasts

Thailand - Trade Balance

Exports fall again in April

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.

In March, exports fell 2.6% year-on-year (March: -4.9% year-on-year) while imports dropped 0.7% year-on-year (March: -7.6% yoy). The drop in exports came on the back of noticeable falls in outbound shipments of vehicles and parts; automatic data processing machines and parts; rubber products; and, precious stones and jewelry. On the other hand, there was a near doubling in exports of fruits.

FocusEconomics panelists expect exports to expand 2.9% in 2019. The panel sees imports increasing 5.2% in 2019, which would bring the trade surplus to USD 19.0 billion. In 2020, exports and imports are expected to increase 4.0% and 5.0% respectively, with a trade surplus of USD 17.3 billion.

Thailand - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)0.1  17.2  26.8  36.6  31.8  

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Thailand Trade Balance Chart


Thailand Trade
Note: Trade balance in (USD bn).
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

ValueChangeDate
Bond Yield2.160.0 %Jun 20
Exchange Rate31.010.17 %Jun 20
Stock Market1,718-1.41 %Jun 20

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