What are the main exports of Thailand?
Exports The top exports of Thailand are Office Machine Parts ($17.2B), Gold ($14.3B), Integrated Circuits ($9.17B), Cars ($8.28B), and Vehicle Parts ($6.54B), exporting mostly to United States ($35.3B), China ($30.2B), Japan ($23.2B), Hong Kong ($11.8B), and Vietnam ($11.2B).
What is Thailand’s greatest export?
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 are the Thailand’s top 10 export & top 10 import businesses?
Thailand’s Top 10 Exports
- Machinery including computers: US$44.7 billion (16.8% of total exports)
- Electrical machinery, equipment: $40 billion (15%)
- Vehicles: $31.7 billion (11.9%)
- Rubber, rubber articles: $19.7 billion (7.4%)
- Plastics, plastic articles: $15.5 billion (5.8%)
- Gems, precious metals: $9.9 billion (3.7%)
What is the main trade of Thailand?
The country mainly exports manufactured goods, electronics, vehicles, machinery, equipment, foodstuff, agricultural goods; mainly rice and rubber. Major export partners are China, Japan, the United States and the European Union. Thailand has recorded a trade deficit over the years.
What is famous in Thailand to buy?
Thai Silk. Source Scarves, shirts, cushion covers, wallets and pillow covers are all hand-weaved using the smoothest threads of silk.
Which product Thailand import the most?
Thailand’s Top 10 Imports
- Electrical machinery, equipment: US$52.9 billion (19.7% of total imports)
- Mineral fuels including oil: $41 billion (15.3%)
- Machinery including computers: $30 billion (11.2%)
- Iron, steel: $15.2 billion (5.7%)
- Gems, precious metals: $12.6 billion (4.7%)
Who is Thailand biggest trading partner?
Thailand top 5 Export and Import partners
Market | Trade (US$ Mil) | Partner share(%) |
---|---|---|
United States | 29,719 | 12.72 |
China | 28,068 | 12.01 |
Japan | 23,136 | 9.90 |
Vietnam | 11,608 | 4.97 |
What food does Thailand export?
Major food exports include rice, canned tuna, sugar, chicken meat, cassava products, shrimp, and canned pineapple. The National Food Institute reported that the value of Thai food exports was US$32.7 billion in 2020.
What can I import from Thailand?
The major commodities that are globally imported from Thailand are Nuclear reactors, boilers, machinery, etc, Electrical, electronic equipment, Organic chemicals, Iron and steel, Inorganic chemicals, precious metal compound, isotope . These products form 35.63% of the world’s imports from Thailand.
Can you wear red in Thailand?
Of course, it is perfectly safe to wear a red shirt in Thailand! Unless that is you wear one and join a mass demonstration against the army’s orders… Red is an auspicious color in Thailand cause of the Thai-Chinese, and Sunday is the ‘red day of the week’.
What is the biggest industry in Thailand?
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.
What does Thailand exports to India?
Major exports from Thailand to India include electronics, machinery, automobile and automobile parts and accessories, jewellery, and rubber products. Coming the other way from India are crude oil, chemicals, machinery, jewellery including gold and silver, iron and steel products and food products.
What are the major imports and exports of Thailand?
Thailand exports numerous goods, including textiles, footwear, foodstuffs (primarily fish, seafood, and rice), jewelry, computers, and computer parts and petroleum. The automotive industry is developed in the country, making it an exporter of cars and car parts. Among the products imported by Thailand, we can mention crude petroleum, integrated circuits, gold, raw materials, and consumer goods.
What are the most important products of Thailand?
Health&wellness (8.62 per cent)
Does Thailand trade with US?
Trade. The United States is Thailand’s third largest trading partner after Japan and China. In 2006 merchandise imports from Thailand totalled US$22.5 billion, and merchandise exports totalled US$8.2 billion. The U.S., Japan, Taiwan, Singapore, and the European Union are among Thailand’s largest foreign investors.
Does Thailand have a good economy?
Thailand is a good example of a developing country that, with rapid economic growth, has graduated from the ranks of undeveloped countries in just a generation or two.