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.