Thailand Imports YoY
In terms of imports, Thailand mostly imports raw materials and intermediary products (around 56% of total imports). Fuel contributes for 19% of the total, parts of electronic equipment account for 11%, base metal materials account for 9%, and chemicals account for 5.5%. 25% of overall imports are made up of machinery, equipment, and supplies such as computers and mechanical equipment, while the remaining 8% is made up of consumer items. Japan is the most important import partner accounts for 20% of overall imports, followed by China (15%) and the European Union (8%). The United Arab Emirates, Malaysia, and the United States are among the other commercial 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 |
|
|
0 -323686 pips |
33.9236 -15550 pips |
32.36862 |
News (THB)
Thai Economic Growth Slows In Q2
Thailand's economy grew at a softer pace in the second quarter largely due to the slowdown in tourist arrivals, official data revealed on Monday. Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter, the National Economic and Social Development Council said.
RTTNews | 9 days ago
Thai Manufacturing Sector Accelerates In June - S&P Global
The manufacturing sector in Thailand picked up steam in June, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 51.7.
RTTNews | 58 days ago
Thai Downgrades GDP Growth Outlook
Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
RTTNews | 101 days ago
