Thailand

In 2013, the value of merchandise exports of Thailand decreased slightly by 0.4 percent to reach 228.5 bln US$, while its merchandise imports increased slightly by 1.3 percent to reach 250.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 22.2 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Western Asia at -24.5 bln US$ (see graph 4). Merchandise exports in Thailand were diversified amongst partners; imports were also diversified. The top 20 partners accounted for 80 percent or more of exports and 17 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Thailand increased substantially by 19.2 percent, reaching 49.6 bln US$, while its imports of services increased slightly by 1.8 percent and reached 53.1 bln US$ (see graph 2). There was a relatively small trade in services deficit of 3.5 bln US$.

Related Subject(s): International Trade and Finance

Countries: Thailand