Imports to Thailand expanded 2.54 percent year-on-year in December 2019, compared to market expectations of a 2.2 percent advance and shifting from a 13.78 percent plunge in the prior month. For full year, inbound shipments contracted 4.66 percent. Many of the materials Thailand imports are assembled into completed goods and shipped out again. Imports in Thailand averaged 10830.15 USD Million from 1991 until 2019, reaching an all time high of 24937.81 USD Million in March of 2012 and a record low of 2760 USD Million in February of 1992. source: Ministry of Commerce, Thailand

Imports in Thailand is expected to be 18800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Thailand to stand at 21000.00 in 12 months time. In the long-term, the Thailand Imports is projected to trend around 22700.00 USD Million in 2020, according to our econometric models.

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Thailand Imports

Actual Previous Highest Lowest Dates Unit Frequency
19108.09 20251.27 24937.81 2760.00 1991 - 2019 USD Million Monthly
Current Prices, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-21 04:00 AM Sep -4.24% -14.62% -5% 2%
2019-11-21 04:00 AM Oct -7.57% -4.24% -6.6%
2019-12-23 03:00 AM Nov -13.78% -7.57% -6.8%
2020-01-22 03:30 AM Dec 2.54% -13.78% 2.2%


News Stream
2019-12-23
Thailand Imports Slump in November
Imports to Thailand tumbled 13.78 percent year-on-year to USD 19.11 billion in November 2019, following a 7.57 percent drop in the previous month and compared to market estimates of a 6.8 percent decrease. In the first eleven months of the year, imports dropped by 5.22 percent from the same period the preceding year. Many of the materials Thailand imports are assembled into completed goods and shipped out again.

2019-11-21
Thailand Imports Drop More than Estimated
Imports to Thailand contracted 7.57 percent year-on-year to USD 20.25 billion in October 2019, following a 4.24 percent drop in the previous month and compared to market estimates of a 6.6 percent decrease. In the first ten months of the year, imports dropped by 4.09 percent from the preceding year. Many of the materials Thailand imports are assembled into completed goods and shipped out again.

2019-10-21
Thailand Imports Falls Further
Imports to Thailand contracted 4.24 percent year-on-year to USD 19.21 bilion in September 2019, following a 14.62 percent slump in the previous month and compared with market estimates of a 5 percent decrease. In the first nine months of the year, purchases fell 3.68 percent. Many of the materials Thailand imports are assembled into completed goods and shipped out again.

2019-09-20
Thailand Imports Slump in August
Imports to Thailand plunged 14.62 percent year-on-year to USD 19.86 billion in August 2019, much worse than market consensus of a 4.75 percent drop and after a 1.67 percent gain in the previous month. Many of the materials Thailand imports are assembled into completed goods and shipped out again.

2019-08-21
Thai Imports Rise Unexpectedly in July
Imports to Thailand rose 1.67 percent year-on-year to USD 21.09 billion in July 2019, easily beating market forecasts of a 5.4 percent decline and following a 9.44 percent slump in the previous month. This marked the first yearly increase in inbound shipments in six months. Many of the materials Thailand imports are assembled into completed goods and shipped out again. Considering January to July, imports dropped 1.81 percent from a year earlier.

2019-07-22
Thailand Imports Fall Sharply in June
Imports to Thailand tumbled 9.44 percent from a year earlier to USD 18.20 billion in June 2019, worse than market forecasts of a 2.96 percent decline and far steeper than a 0.64 percent decrease in the preceding month. This was the fifth straight month of yearly decrease in inbound shipments. Many of the materials Thailand imports are assembled into completed goods and shipped out again. Considering January to June 2019, purchases were down 2.41 percent from a year earlier.


Thailand Imports
Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent. Machinery, equipment and supplies such as computers and mechanical represent 25 percent of total imports, and consumer goods account for 8 percent. Main import partners are Japan (20 percent of total imports), China (15 percent) and the European Union (8 percent). Others include the United Arab Emirates, Malaysia and the United States.

Thailand Trade Last Previous Highest Lowest Unit
Balance of Trade 600.00 550.00 4974.14 -5916.16 USD Million [+]
Current Account 3375.16 2905.19 7161.51 -4086.17 USD Million [+]
Current Account to GDP 7.50 11.00 12.70 -8.30 percent [+]
Imports 19108.09 20251.27 24937.81 2760.00 USD Million [+]
Exports 19656.87 20757.78 22827.25 1997.00 USD Million [+]
External Debt 166220.29 166790.88 166790.88 58984.85 USD Million [+]
Terms of Trade 107.64 108.34 115.39 96.39 points [+]
Tourist Arrivals 3358592.00 3042282.00 3845811.00 404563.00 [+]
Gold Reserves 153.84 153.96 154.00 72.59 Tonnes [+]
Remittances 9485.00 10742.00 13376.00 2316.00 THB Billion [+]
Terrorism Index 6.03 6.25 7.28 4.10 [+]
Crude Oil Production 221.00 238.00 273.00 46.00 BBL/D/1K [+]
Foreign Direct Investment 34566.49 121118.85 125800.99 -95430.07 THB Million [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category