What are the major imports and exports of Thailand?

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).

What is the main import of Thailand?

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 is Thailand’s top exports?

The top ten export items were machinery including computers: $40.2 billion (16.4% of total exports), electrical machinery, equipment: $33.9 billion (13.8%), vehicles: $28.9 billion (11.8%), gems, precious metals: $15.7 billion (6.4%), rubber, rubber articles: $15.3 billion (6.3%), plastics, plastic articles: $13.3 …

What do we import from Thailand?

U.S. imports from Thailand account for 1.3% of overall U.S. imports in 2019. The top import categories (2-digit HS) in 2019 were: machinery ($8.4 billion), electrical machinery ($7.6 billion), rubber ($4.0 billion), vehicles ($1.2 billion), and optical and medical instruments ($1.2 billion).

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What do we export to Thailand?

The top ten export items were machinery including computers (17.2%), electrical equipment (14%), vehicles (12.2%), rubber (6.2%), plastics (5.8%), gems (4.8%), mineral fuels, (4.2%), meat/seafood preparations (2.6%), organic chemicals (2.5%), and cereals (2.3%).

What is Thailand’s biggest industry?

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 Thai a poor country?

Even though Thailand is considered a development success story, it is still in the category of a developing nation. Between the 1980s and 2015, poverty in Thailand has greatly declined from 67 percent to 7.2 percent. … Currently, 10.5 percent of Thailand’s population is living below the poverty line.

Is Thailand richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Thailand, the GDP per capita is $17,900 as of 2017.

Why is Thailand’s economy so strong?

The currency had surged since November, helped by strong economic fundamentals. The emergence of COVID-19 vaccines had also given Thailand hope for an earlier-than-expected recovery in foreign tourist arrivals. … The strong baht, however, hurts exports and tourism at a time when Thailand is trying to revive its economy.

What can I export from India to Thailand?

Major exports by India to Thailand are in the following sectors : Fresh aquatic animals, chilled, frozen, processed and instant, Electrical machinery and parts, Medicinal and pharmaceutical products, other metal ores, metal waste scrap, and products, Vegetables and vegetable products, Chemicals, Jewellery including …

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What are the main products of Thailand?

Rice is the major crop grown and Thailand is the world’s biggest rice exporter. Other crops grown in the country include: rubber, sugarcane, cassava, fruit, cashew nuts, corn, tobacco, cotton, cocoa, peanuts, soybeans, medical plants, dairy, and fishery products.

What is Thailand known for?

Thailand is known for its stunning beaches, the friendly people, elephants, and for having the yoga-like Thai massage. Other things Thailand is famous for are; delicious food like pad thai, som tum and mango sticky rice, as well as temples, tuk-tuks, floating markets and full moon parties.

What food does Thailand import?

Imported food items needed to meet the demands of the food service industry include:

  • fresh fruit and vegetables.
  • smoked salmon and seafood.
  • Japanese-style delicacies.
  • grain and cereal products.
  • chocolate and confectionery.
  • 100 per cent fruit juice and drinks.
  • jams and spreads.
  • dairy products and milk powder.

What is the capital city of Thailand?

Bangkok

What is Vietnam’s largest export?

Economy of Vietnam

Statistics
Ease-of-doing-business rank 70th (easy, 2020)
External
Exports $290.4 billion (2018 est.)
Export goods Electronics, textiles products, machinery, footwear products, transportation products, wooden products, seafood products, steel, crude oil, pepper, rice and coffee

What does Thailand export to Malaysia?

Machinery, nuclear reactors, boilers. $1.47B. 2019. Mineral fuels, oils, distillation products. $1.36B.

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