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 |
|
|
34.1688 -2512 pips |
34.5028 -828 pips |
34.42000 |
News (THB)
Thai Manufacturing PMI Rises To 50.2 In November - S&P Global
The manufacturing sector in Thailand moved to expansion in November, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.2.
RTTNews | 48 days ago
Thai GDP Expands Most In 2 Years
The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising revised 2.2 percent in the second quarter.
RTTNews | 62 days ago
Thai Manufacturing Sector Stagnant In October - S&P Global
The manufacturing sector in Thailand was stagnant in October, the latest survey from S&P Global showed on Friday with a manufacturing PMI score of 50.0.
RTTNews | 79 days ago
