Thailand Exports

Exports from Thailand decreased by 4.4 percent year-on-year to 17,620 USD million in May of 2016 , following a 8.0 percent drop in April and market expectations of 4.8 percent decline. Outbound shipments shrank to China (-12.7 percent), followed by Japan (-8.6 percent) and Europe (-2.7 percent). In contrast, exports were up by 3.4 percent to the US. Exports in Thailand averaged 9620.44 USD Million from 1991 until 2016, reaching an all time high of 21227.12 USD Million in August of 2011 and a record low of 1997 USD Million in February of 1991. Exports in Thailand is reported by the Ministry of Commerce, Thailand. Thailand is an export oriented economy with exports accounting for around 65 percent of the GDP. The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important. Agricultural goods, mainly rice and rubber, account for 8 percent of total shipments. Major export partners are China (12 percent), Japan (10 percent), the United States (10 percent) and the European Union (9.5 percent). Others include: Malaysia, Australia and Singapore. This page provides – Thailand Exports – actual values, historical data, forecast, chart, statistics, economic calendar and news.