Asianet.no

riflefish skrev: ↑15 mar 2019, 06:22 Thailand Balance of Trade
As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2019.

riflefish skrev: ↑12 feb 2019, 07:16 Despite sluggish economic growth since the junta seized power in 2014 and amid global uncertainties, the baht has held its ground, thanks to Thailand's high current account surplus and foreign exchange reserves.

Thailand's current account balance accounted for 10.8% of GDP in 2017, the eighth highest in the world, based on data compiled by the International Monetary Fund. By comparison, the ratio is negative for countries such as Turkey and South Africa, whose currencies have seen sharp sell-offs.

Yet, the baht has further upside, as investors will continue buying the currency in anticipation of a rate hike, analysts say.

https://asia.nikkei.com/Economy/Strong- ... or-exports