|
Trade Figures of Thailand Top
10 Exports |
Rank |
2003 |
2004 |
2005 (Jan-Jun) | |
1 |
Computers & Parts
(339.9 .Bn.) |
Computers & Parts
(368.9 .Bn.) |
Computers & Parts
(207.2 .Bn.) |
| 2 |
I.C.
(191.5 .Bn.) |
Automobiles & Parts
(220.8 .Bn.) |
Automobiles & Parts
(135.0 .Bn.) |
| 3 |
Automobiles & Parts
(164.9 .Bn. |
I.C.
(196.4 .Bn.) |
I.C.
(93.4 .Bn.) | |
4 |
Rubber
(115.8 .Bn.) |
Rubber
(137.5 .Bn.) |
Plastic Pellets
(77.9 .Bn.) | |
5 |
Garments
(114.8 .Bn.) |
Radios, T.V.
(129.5 .Bn.) |
Rubber
(61.8 .Bn.) | |
6 |
Gems & Jewelry
(104.5 .Bn.) |
Plastic Pellets
(124.8 .Bn.) |
Radios, T.V.
(61.2 .Bn.) | |
7 |
Radios, T.V.
(103.8 .Bn.) |
Garments
(124.3 .Bn.) |
Iron & Steel
(57.5 .Bn.) | |
8 |
Plastic Pellets
(89.2 .Bn.) |
Rice
(108.4 .Bn.) |
Gems & Jewelry
(57.2 .Bn.) | |
9 |
Canned Seafood
(88.8 .Bn.) |
Gems & Jewelry
(106.3 .Bn.) |
Garments
(56.1 .Bn.) | |
10 |
Rice
(75.8 .Bn.) |
Iron & Steel
(99.6 .Bn.) |
Air Con. & Parts
(53.3 .Bn.) |
Major export markets (US$ term)
| Export markets |
2003 | 2004 |
2005 (Jan-Jun) | | |
Value
(Mil. US$) |
Share
(%) | Value
(Mil. US$) | Share
(%) | Value
(Mil.
US$) | Share
(%)
| | USA |
13,596 |
17.0 | 15,509 |
16.1 | 7,875 |
15.2 | | ASEAN |
16,486 |
20.6 | 21,241 |
22.0 | 11,289 |
21.8 | | EU |
11,750 |
14.7 | 13,816 |
14.3 | 7,134 |
13.8 | | Japan |
11,364 | 14.2 |
13,498 | 14.0 |
7,440 | 14.4 |
| Others |
26,853 |
33.5 | 32,467 |
33.6 | 18,091 |
34.9 | | Total |
80,049 |
100.0 |
96,531 |
100.0 |
51,829 |
100.0 | Top
10 Imports |
Rank | 2003 |
2004 | 2005
(Jan-Jun) | | 1. |
Industrial Machines
(332.1 .Bn.) |
Crude Oil
(435.8 .Bn.) |
Crude Oil
(345.7 .Bn.) | |
2. | Crude
Oil
(297.9 .Bn.) | Industrial
Machines
(385.2 .Bn.) | Industrial
Machines
(228.4 .Bn.) | |
3. | Electrical
Machines
(277.1 .Bn.) | Electrical
Machines
(313.3 .Bn.) | Iron
& Steel
(193.3 .Bn.) | |
4. | I.C.
(245.4 .Bn.) | Chemicals
(297.4 .Bn.) | Electrical
Machines
(180.2 .Bn.) | |
5. | Chemicals
(233.5 .Bn.) | I.C.
(293.4 .Bn.) | Chemicals
(167.1 .Bn.) | | 6. |
Iron & Steel
(177.6 .Bn.) |
Iron & Steel
(265.1 .Bn.) |
I.C.
(155.8 .Bn.) | |
7. | Computers
& Parts
(176.7 .Bn.) | Computers
& Parts
(191.5 .Bn.) | Computers
& Parts
126.2 .Bn.) | |
8. | Parts
of Automobiles
(104.1 .Bn.) |
Metal Waste & Scrap
(145.9 .Bn.) |
Metal Waste & Scrap
(85.6 .Bn.) |
| 9. |
Metal Waste & Scrap
(98.1 .Bn.) |
Parts of Automobiles
(120.7 .Bn.) |
Precious Stones
(81.2 .Bn.) | |
10. | Precious
Stones
(86.8 .Bn.) | Precious
Stones
(115.5 .Bn.) | Parts
of Automobiles
(62.6 .Bn.) | Major
Import Origins (US$ term) |
Sources |
2003 |
2004 |
2005 (Jan-Jun) | | |
Value
(Mil. US$) |
Share
(%) | Value
(Mil. US$) | Share
(%) | Value
(Mil.
US$) | Share
(%)
| | Japan |
18,074 | 24.1 |
22,294 | 23.7 |
13,125 | 21.9 |
| ASEAN | 12,486 |
16.6 | 15,824 |
16.8 | 10,901 |
18.2 | | USA |
7,093 | 9.5 |
7,206 | 7.6 |
4,319 | 7.2 |
| EU | 7,504 |
10.0 | 9,075 |
9.6 | 5,257 |
8.8 | | Others |
29,858 | 39.8 |
39,863 | 42.3 |
26,380 | 44.0 |
| Total |
75,015 | 100.0 |
94,262 | 100.0 |
59,982 | 100.0 |
Source:
Export-Import Bank of Thailand TRADE
SUMMARY
The U.S. trade deficit with Thailand was $9.3 billion,
a decrease of $594 million over the last year. U.S.
goods exports to Thailand
rose by 20.2 percent to $5.8 billion, while U.S. imports from Thailand grew at
a slower pace, 2.6 percent, to $15.2 billion.
U.S. exports of private
commercial services (i.e., excluding military and government) to Thailand were
$1.1 billion in 2002 (latest data available), and U.S. imports were $810 million.
Sales of services in
Thailand by majority U.S.-owned affiliates were $2.3
billion in 2001 (latest data available).
The stock of U.S. foreign direct
investment (FDI) in Thailand in 2002 was about $20 billion, based on a
recent
survey by the American Chamber of Commerce, Thailand. According to the U.S. Department
of
Commerce, total accumulated U.S. FDI in Thailand on a historical cost basis
was $6.9 billion in 2002, up
from $6.4 billion in 2001. U.S. FDI in Thailand
is concentrated largely in manufacturing, mining, and
finance sectors.
FREE TRADE AGREEMENT NEGOTIATIONS
The U.S. government announced in February 2004 that it intended to initiate free
trade agreement (FTA)
negotiations with Thailand. Having concluded an FTA
with Singapore in May 2003, the United States is
seeking to advance President
Bush’s Enterprise for ASEAN Initiative, an initiative aimed at enhancing
U.S. relations with ASEAN countries. The United States has numerous concerns about
Thailand’s trade
and investment regime, which it hopes to address through
these FTA negotiations. These include high
tariffs and non-tariff barriers
on both industrial and agricultural goods; restrictions on access to the
services
market; deficiencies in Thailand’s intellectual property rights and customs
regimes; and other
issues.
Source:
Office of the United States Trade Representative, Document Library |
