The total import value during Jan-Nov 2016 decreased by 5.13% comparing to the same period last year.
Import of Thailand by Product from 2013 to 2016
Source : The Ministry of Commerce Thailand
Category: Statistics
The top four highest countries remain the same rank as per 2015 while South Korea jumped from the 8th to the 5th in 2016. Taiwan and Singapore remain the 6th and 7th respectively in 2016 as same as in 2015.
Import of Thailand by Country Jan to Nov 2016
Source : The Ministry of Commerce Thailand
Exports
Thailand’s overall export value slightly increased by 0.90% or USD479mil in Q1 2016 at USD53,829mil comparing to Q1 2015 at USD53,351mil. The main contribution for the increase comes from Switzerland which jumped from USD536mil to USD1,644mil while the main contribution for the decrease comes from China by USD356mil and Cambodia by USD238.
Thailand Export Index by country for Q1 2016
Electrical household appliances remains the highest at USD576.81mil which increases by 21.23% from the previous month. The second highest imported consumer good group including fruits, vegetables, fruit and vegetable preparations went up to USD216.13mil which is 15.61% higher than the previous month. For the third highest group, the value of imported medicinal and pharmaceutical products was at USD211.37 which is dropped by 3.69% comparing to the previous month.
While the total value of imported consumer goods went down in Jan 2106, it actually follows the same trend as for Jan 2015 which we can see the recovery by the end of the quarter.
Source: Ministry of Commerce (Thailand)
The latest ASEAN import of services by AMS and broad categories (in US$ million) can be seen as follows which can be seen that Thailand contributes a very large market share among ASEAN members.
Source : http://aseanstats.asean.org
From the YoY import food statistics between 2014 and 2015, Singapore still remains No. 1 highest exported food into Thailand even though the total imported value dropped by 3%. USA also remains No. 2 highest exported food into Thailand with the sustainable value. Since China’s total imported value dropped by 14%, Indonesia came as No. 3 even though Indonesia’s total imported food value dropped by 6% mostly from Thailand’s overall imported food value dropped by 5%.
Source: Ministry of Finance, Thailand
Thailand’s import index of Medical Devices for the period of 2012 and 2015 can be seen as follows.
Source : Ministry of Commerce