Thailand Balance of Trade  1991-2017 | Data | Chart | Calendar | Forecast

Thailand posted a 1.61 USD billion surplus in February of 2017, much lower than a 4.99 USD billion surplus a year earlier and missing market estimates of a 2.40 USD billion surplus. Year-on-year, exports fell 2.8 percent to 18.47 USD billion, following a 8.8 percent rise in the prior month while market estimated a 4.0 percent fall. It was the first decline since November 2016, mainly driven by gold and helicopters. Imports jumped 20.4 percent to 16.86 USD billion, after a 5.17 percent gain in January and above consensus of a 12.6 percent rise. In January 2017, trade surplus came in at 0.83 USD billion. Balance of Trade in Thailand averaged -17.46 USD Million from 1991 until 2017, reaching an all time high of 4985.79 USD Million in February of 2016 and a record low of -5906.41 USD Million in January of 2013.

Thailand Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-24 06:00 AM Dec $0.94B $1.54B
2017-02-27 04:30 AM Jan $0.83B $0.94B $0.1B
2017-03-22 04:00 AM Feb $1.61B $0.83B $2.4B $2.9B
2017-04-24 04:00 AM Mar $1.61B $2.7B
2017-05-29 03:30 AM Apr $0.8B
2017-06-26 04:00 AM May $1.9B




Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 1610.00 825.91 4985.79 -5906.41 USD Million [+]
Exports 18470.00 17099.23 21227.12 1997.00 USD Million [+]
Imports 16860.00 16273.32 24937.81 2760.00 USD Million [+]
Current Account 5008.25 3719.31 7952.22 -3966.35 USD Million [+]
Current Account to GDP 8.10 3.70 12.70 -8.30 percent [+]
External Debt 139343.69 143134.91 144918.79 58984.85 USD Million [+]
Terms of Trade 110.51 111.47 115.39 96.39 Index Points [+]
Tourist Arrivals 3197050.00 3057800.00 3197050.00 399600.00 [+]
Gold Reserves 152.41 152.41 152.41 72.59 Tonnes [+]
Terrorism Index 6.71 7.28 7.28 4.10 [+]
Remittances 10460.00 11221.00 11221.00 2316.00 THB Billion [+]
Crude Oil Production 265.00 270.00 273.00 46.46 BBL/D/1K [+]
Foreign Direct Investment 10095.86 71888.29 125800.99 -95430.07 THB Million [+]



Thailand Balance of Trade Notes

As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1610.00 825.91 4985.79 -5906.41 1991 - 2017 USD Million Monthly
Current Prices, NSA



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Afghanistan -7159.00 Dec/15
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Australia 1302.00 Jan/17
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Brazil 4560.00 Feb/17
Brunei 369.10 Jan/17
Bulgaria -271.70 Jan/17
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China -91.50 Feb/17
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Cuba -9578.00 Dec/15
Cyprus -317903.00 Jan/17
Czech Republic 48458.00 Jan/17
Denmark 4999.40 Jan/17
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Germany 14800.00 Jan/17
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Guinea 32.97 Sep/16
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Hong Kong -12345.00 Jan/17
Hungary 203000.00 Jan/17
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Indonesia 1318.90 Feb/17
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Iraq 4397.00 Dec/15
Ireland 5745100.00 Jan/17
Israel -702.90 Feb/17
Italy -573.67 Jan/17
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 813.40 Feb/17
Jordan -709700.00 Jan/17
Kazakhstan 1289.20 Jan/17
Kenya -76470.00 Dec/16
Kosovo -174189.00 Feb/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -114.40 Dec/16
Laos -339.15 Jun/16
Latvia -175.40 Jan/17
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Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
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Liechtenstein 343493.00 Dec/16
Lithuania -214.10 Jan/17
Luxembourg -0.37 Dec/16
Macau -5586600.00 Jan/17
Macedonia -119844.00 Jan/17
Madagascar 20810.00 Dec/16
Malawi -53950.00 Mar/16
Malaysia 4711.86 Jan/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -366567.00 Jan/17
Mauritania -79.64 Mar/16
Mauritius -8644.00 Jan/17
Mexico -3294.00 Jan/17
Moldova -127.30 Jan/17
Monaco -165.20 Sep/16
Mongolia 183.00 Feb/17
Montenegro -70238.00 Jan/17
Morocco -16689.00 Dec/16
Mozambique -434.30 Sep/16
Myanmar -303.20 May/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 4582.00 Jan/17
New Caledonia -7307.00 Oct/16
New Zealand -18.29 Feb/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 23539.00 Feb/17
Oman 205.90 Nov/16
Pakistan -293929.00 Feb/17
Palestine -343.00 Jan/17
Panama -894143.61 Jan/17
Papua New Guinea 4593.00 Sep/16
Paraguay 100105.00 Feb/17
Peru 150.00 Jan/17
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Poland 225.00 Jan/17
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Puerto Rico 2830.80 Dec/16
Qatar 10981.00 Jan/17
Republic of the Congo 4092.35 Dec/10
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Russia 11445.00 Jan/17
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Saudi Arabia 73133.00 Sep/16
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Singapore 7752.90 Feb/17
Slovakia 152.00 Jan/17
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South Korea 7220.00 Feb/17
South Sudan -104.70 Dec/15
Spain -3134000.00 Jan/17
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Suriname 154.40 Dec/16
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Sweden 1500.00 Jan/17
Switzerland 3105.00 Feb/17
Syria 9394.50 Dec/10
Taiwan 3360.00 Feb/17
Tajikistan -117.70 Jan/17
Tanzania -26.00 Nov/16
Thailand 1610.00 Feb/17
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia 1288.80 Feb/17
Turkey -4308.50 Jan/17
Turkmenistan 2181.97 Dec/15
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Ukraine -86.70 Jan/17
United Arab Emirates 328300.00 Dec/15
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Vietnam -2000.00 Feb/17
Yemen -2914.30 Dec/13
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Zimbabwe -241.27 Aug/16