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 |
|
|
34.4019 -4397 pips |
34.7130 +1286 pips |
34.84163 |