Thailand Balance of Trade
Thailand as an export-oriented economy is especially vulnerable to foreign economic shocks, which diminish demand for Thai products and so alter the trade balance. Electronics, cars, machinery, and equipment are Thailand's most important exports. The majority of the country's imports are petroleum, electrical devices, and machinery appliances. Japan (which accounts for 10% of total exports and 20% of total imports) and China (12 percent of total exports and 15 percent of total imports) are the primary largest market partners. Other countries include the European Union, the United States, and Malaysia.
A higher than expected figure should be seen as positive (bullish) for the THB while a lower than expected figure should be seen as negative (bearish) for the THB.
Forex Sentiment (THB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDTHB |
|
|
36.8124 +418 pips |
37.2394 -4688 pips |
36.77063 |
News (THB)
Thailand Manufacturing PMI Ebbs In April - S&P Global
The manufacturing sector in Thailand continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 48.6.
RTTNews | 10 days ago
Thai Manufacturing PMI Weakens Further In February - S&P Global
The manufacturing sector in Thailand continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 45.3.
RTTNews | 72 days ago
Thai GDP Growth Misses Expectations; Govt Cuts Growth Outlook
Thailand's economy grew less than expected in the fourth quarter adding pressure on the central bank to cut its interest rates amid negative inflation. The economy expanded 1.7 percent on a yearly basis in final quarter of 2023, the National Economic and Social Development Council said Monday. This was faster than the 1.4 percent rise seen in the third quarter.
RTTNews | 83 days ago
