Thailand Exports YoY
Approximately 65% of Thailand's GDP is derived from exports, indicating that it is an export-driven economy. The country's primary exports are manufactured products (86% of total shipments), with electronics accounting for 14% of total shipments, vehicles accounting for 13%, machinery and equipment accounting for 7.5%, and foodstuffs accounting for 7.5%. 8% of all exports are comprised of agricultural products, mostly rice and rubber. China (12%), Japan (10%), the United States (10%), and the European Union (9.5%). Malaysia, Australia, and Singapore are among other trading partners.
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 |
|
|
33.3068 -182 pips |
33.3779 -529 pips |
33.32500 |
News (THB)
Thailand Manufacturing PMI Fades In September - S&P Global
The manufacturing sector in Thailand continued to expand in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.4.
RTTNews | 6 days ago
Thailand Manufacturing Sector Slows In August - S&P Global
The manufacturing sector in Thailand continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0.
RTTNews | 35 days ago
Thailand Central Bank Maintains Key Rate As Expected
Despite low inflation, the Bank of Thailand left its benchmark interest rate unchanged for the fifth straight session amid the fiscal policy uncertainty. The Monetary Policy Committee voted 6-1 to hold the policy rate at 2.50 percent, the highest in more than a decade. The decision came in line with expectations.
RTTNews | 46 days ago
