Thailand Balance of Trade  1991-2016 | Data | Chart | Calendar | Forecast

Thailand posted a 0.25 USD billion trade surplus in October of 2016, narrowing sharply from a 2.1 USD billion surplus a year earlier and missing market estimates a 1.9 USD billion surplus. It was the smallest trade surplus since January, as exports fell while imports rose. Year-on-year, sales unexpectedly dropped by 4.2 percent to 17.78 USD billion, following a 3.4 percent growth in the prior month. Purchases went up 6.5 percent to 17.54 USD billion, compared to a 5.6 percent rise in a month earlier. In September 2016, trade surplus stood at 2.55 USD billion. Balance of Trade in Thailand averaged -36.57 USD Million from 1991 until 2016, reaching an all time high of 4990.00 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)
2016-09-26 03:30 AM Aug $2.13B $0.84B $1.22B $ 1.0B
2016-10-26 04:00 AM Sep $2.55B $2.13B $2.27B $ 2.6B
2016-11-28 04:30 AM Oct $0.25B $2.55B $ 1.9B $ 2.2B
2016-12-23 04:00 AM Nov $0.25B $ 0.4B
2017-01-26 03:30 AM Dec $ 1.8B
2017-02-25 04:00 AM Jan $ 1.3B




Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 250.00 2545.94 4990.00 -5906.41 USD Million [+]
Exports 17780.00 19460.34 21227.12 1997.00 USD Million [+]
Imports 17540.00 16914.40 24937.81 2760.00 USD Million [+]
Current Account 2875.00 2928.79 7453.44 -3966.35 USD Million [+]
Current Account to GDP 3.80 -1.20 12.70 -8.30 percent [+]
External Debt 143134.91 133881.60 144918.79 58984.85 USD Million [+]
Terms of Trade 113.74 113.76 118.14 96.39 Index Points [+]
Tourist Arrivals 2407570.00 2874420.00 3088880.00 399600.00 [+]
Gold Reserves 152.41 152.40 152.41 72.59 Tonnes [+]
Terrorism Index 6.71 7.28 7.28 4.10 [+]
Remittances 10248.00 9545.00 10248.00 2316.00 THB Billion [+]
Crude Oil Production 265.00 270.00 273.00 46.46 BBL/D/1K [+]
Foreign Direct Investment -205.99 -31178.12 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
250.00 2545.94 4990.00 -5906.41 1991 - 2016 USD Million Monthly
Current Prices, NSA



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Kazakhstan 1044.90 Sep/16
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Laos -594.89 Dec/15
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Liechtenstein 327117.00 Sep/16
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Macau -5326200.00 Oct/16
Macedonia -142584.00 Sep/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 7600.00 Sep/16
Maldives -155.00 Aug/16
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Mongolia 72.90 Oct/16
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Netherlands 5421.00 Sep/16
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Norway 10360.56 Oct/16
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Thailand 250.00 Oct/16
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