Thailand Balance of Trade
Thailand as an export-oriented economy is especially vulnerable to foreign economic shocks, which diminish demand for Thai products and so alter the trade balance. Electronics, cars, machinery, and equipment are Thailand's most important exports. The majority of the country's imports are petroleum, electrical devices, and machinery appliances. Japan (which accounts for 10% of total exports and 20% of total imports) and China (12 percent of total exports and 15 percent of total imports) are the primary largest market partners. Other countries include the European Union, the United States, and Malaysia.
A higher than expected figure should be seen as positive (bullish) for the THB while a lower than expected figure should be seen as negative (bearish) for the THB.
Forex Sentiment (THB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDTHB |
|
|
33.9796 -3610 pips |
34.3284 +122 pips |
34.34060 |
News (THB)
Thai Manufacturing PMI Rises To 50.2 In November - S&P Global
The manufacturing sector in Thailand moved to expansion in November, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.2.
RTTNews | 1 day ago
Thai GDP Expands Most In 2 Years
The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising revised 2.2 percent in the second quarter.
RTTNews | 15 days ago
Thai Manufacturing Sector Stagnant In October - S&P Global
The manufacturing sector in Thailand was stagnant in October, the latest survey from S&P Global showed on Friday with a manufacturing PMI score of 50.0.
RTTNews | 32 days ago
