Trade Resources Economy Brief Report of Thailand's Trade in July 2016

Brief Report of Thailand's Trade in July 2016

According to the statistics from Thailand’s customs, Thailand’s volume of goods trade was USD231.57 billion from January to July in 2016, down 4.9% year-on-year (the same below). Exports fell by 1.2% to USD121.64 billion, and imports fell by 8.7% to USD109.93 billion. The trade surplus was USD11.70 billion, up 343.1%.

In July, Thailand’s volume of goods trade fell by 4.4% to USD33.39 billion. Exports fell by 4.1% to USD16.97 billion and imports fell by 4.7% to USD16.37 billion. And the trade surplus was USD0.61 billion.

Since January to July, bilateral trade volume between Thailand and China fell by 0.4% to USD36.19 billion. Thailand’s exports to China fell by 8.2% to USD12.21 billion, accounting for 10.0% of Thailand’s overall export. And Thailand’s imports from China grew by 4.2% to USD23.98 billion, accounting for 21.8% of Thailand’s overall imports. Thailand’s trade deficit with China grew by 21.1% to USD11.77 billion.

China was the second largest export market of Thailand and its largest source of imports up to July in 2016.


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