The most recent imports of Thailand are led by Crude Petroleum ($18.3B), Integrated Circuits ($8.5B), Petroleum Gas ($7.09B), Vehicle Parts ($6.15B), and Gold ($5.12B). The most common import partners for Thailand are China ($45.7B), Japan ($28.9B), United States ($13.7B), Malaysia ($13B), and Singapore ($9.03B).
Contents
What are Thailand’s major imports and exports?
Top 10
- Electrical machinery, equipment: US$43.5 billion (20.8% of total imports)
- Mineral fuels including oil: $28.8 billion (13.8%)
- Machinery including computers: $26 billion (12.5%)
- Vehicles: $9.5 billion (4.6%)
- Iron, steel: $9.3 billion (4.5%)
- Plastics, plastic articles: $8.6 billion (4.1%)
What are Thailand’s major exports?
Thailand’s Top Exports
- Refined petroleum – $7.84 billion.
- Rice – $5.77 billion.
- Rubber – $4.63 billion.
- Gold – $4.41 billion.
- Diamonds – $1.52 billion.
What do we export to Thailand?
Thailand is a regional and global manufacturing hub for vehicles, automotive components, consumer electronics, and processed food and beverages. It is also a leading exporter of agricultural commodities (particularly rice, palm oil, rubber, sugar and seafood).
Where does Thailand export?
Thailand top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 28,068 | 12.01 |
| Japan | 23,136 | 9.90 |
| Vietnam | 11,608 | 4.97 |
| Hong Kong, China | 10,963 | 4.69 |
What US exports to Thailand?
The top export categories (2-digit HS) in 2020 were: electrical machinery ($2.0 billion), mineral fuels ($1.5 billion), machinery ($1.0 billion), vehicles ($647 million), and oilseeds and oleaginous fruits (soybeans) ($574 million).
What is the most imported product?
World’s Top Import Products
| Rank | Product | 2019 Import Purchases |
|---|---|---|
| 1. | Crude oil | $1,056,062,568,000 |
| 2. | Integrated circuits/microassemblies | $848,913,525,000 |
| 3. | Cars | $774,285,065,000 |
| 4. | Processed petroleum oils | $663,640,142,000 |
What is Thailand’s number 1 export?
Searchable List of Thailand’s Most Valuable Export Products
| Rank | Thai Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Gold (unwrought) | $13,202,753,000 |
| 2 | Computers, optical readers | $11,692,037,000 |
| 3 | Cars | $8,221,905,000 |
| 4 | Integrated circuits/microassemblies | $7,101,079,000 |
What are the main exports of the Philippines?
Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca.
What is Thailand known for economically?
The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country’s gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank.
What are Thailand’s imports?
Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent.
What goods does Thailand export?
The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important. Agricultural goods, mainly rice and rubber, account for 8 percent of total shipments.
What are the main industries in Thailand?
Major Industries include: tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry and electric appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts.
What Thailand manufactures?
The manufacturing sector constitutes Thailand’s main industry, producing a wide variety of goods such as textiles and garments, plastics, footwear, electronics, integrated circuits, computers and components, automobiles and parts, and cement.
Is Thailand an export country?
Thailand is the 25th largest export destination for the United States. Two-way trade of goods in 2020 was $48.8 billion, with $37.6 billion in Thai exports to the United States and $11.2 billion in U.S. exports to Thailand.
What are Thailand’s natural resources?
What Are The Major Natural Resources Of Thailand?
- Mining in Thailand. Some of the mineral resources mined in Thailand include coal, natural gas, gold, fluorite, lead, manganese, rubber, limestone, basalt, niobium, zinc, tin, tungsten, gypsum, and lignite.
- Forestry.
- Agriculture.
- Livestock.
- Fishing in Thailand.
What are examples of exports?
An example of export is rice being shipped from China to be sold in many countries. Export is defined as to move products to another country for the purpose of trade or sale. An example of export is Ecuador shipping bananas to other countries for sale. To sell goods or services to a company in another country.
What are the main imports?
Where Does Argentina Import From?
- Brazil, accounting for 27% of its total import origins and about $17.8 billion in costs.
- China, accounting for 19% of its total import origins and about $12.6 billion in costs.
- The United States, accounting for 11% of its total import origins and about $7.33 billion in costs.
What are the most important exports and imports?
Not surprisingly, cars are the most imported and exported product in the world by value. In 2016, the top exporter was Germany which exported $150 Billion in cars. The top importer was the United States which imported $173 Billion in cars.
What is famous in Thailand to buy?
Here’s a list of 18 Souvenirs to Buy from Thailand:
- Thai Silk.
- Thai spices.
- Thai Spa Products.
- Soap Carvings.
- Handmade Bags.
- Thai handicraft.
- Thai Snacks.
- Thai Trinkets.
What are the Philippines main imports?
Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines’s main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent).
