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Thailand

Thailand ranked No. 20 in total trade value through August with a total of $30.48 billion. Exports totaled $8.62 billion and Imports totaled $21.86 billion, a deficit of $13.24 billion.

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January – August 2019

Top Trading Ports

Total Trade: $30.48 billion

RankPortTotal YTD
1Port of Los Angeles $5,439,350,164
2Los Angeles International Airport $2,162,574,772
3Port of Long Beach $1,796,703,792
4Port of Savannah, Ga. $1,789,465,830
5Port of Newark $1,737,583,071
6Anchorage International Airport, Alaska $1,556,234,359
7Chicago O’Hare International Airport $1,473,509,580
8Port of Houston $1,466,477,540
9John F. Kennedy International Airport $1,046,443,223
10Port of Charleston $957,865,441

U.S. trade with Thailand rose to $30.48 billion through August

Thailand’s trade with the United States rose to $30.48 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.03 percent above its total trade during the same time period last year. U.S. exports to Thailand increased 5.66 percent while U.S. imports from Thailand rose 3.41 percent. The U.S. deficit with Thailand was $13.24 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Los Angeles International Airport; No. 3 Port of Long Beach; No. 4 Port of Savannah, Ga.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Los Angeles International Airport No. 3 Anchorage International Airport, Alaska No. 4 Port of Newark and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 42.41 percent of Thailand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 18.59 percent to $5.44 billion.
    Exports fell 53.13 percent to $492.9 million. Imports fell 12.15 percent to $4.95 billion.
  • Trade with No. 2 Los Angeles International Airport fell 22.44 percent to $2.16 billion.
    Exports rose 1.22 percent to $820.24 million. Imports fell 32.13 percent to $1.34 billion.
  • Trade with No. 3 Port of Long Beach rose 230.25 percent to $1.8 billion.
    Exports rose 126.08 percent to $454.97 million. Imports rose 291.41 percent to $1.34 billion.
  • Trade with No. 4 Port of Savannah, Ga. rose 29.09 percent to $1.79 billion.
    Exports rose 28.32 percent to $412.07 million. Imports rose 29.32 percent to $1.38 billion.
  • Trade with No. 5 Port of Newark rose 14.4 percent to $1.74 billion.
    Exports rose 8.84 percent to $48.3 million. Imports rose 14.56 percent to $1.69 billion.

Thailand ranked No. 20 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 20.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Thailand by value through August were the categories of Oil; Computer chips; Photo-sensitive semi-conductors, parts; Motor vehicle parts; and Cell phones, related equipment, respectively. They accounted for 34.24 percent of total exports to Thailand.

The value of the top five categories of U.S. imports from Thailand –– Computers; Rubber tires; Cell phones, related equipment; Printers, all types, parts; and Computer chips –– accounted for 33.52 percent of all inbound shipments.

Looking more closely at U.S. exports to Thailand:

  • Oil rose 195.22 percent compared to last year to $1.38 billion.
  • Computer chips fell 10.03 percent compared to last year to $472.03 million.
  • Photo-sensitive semi-conductors, parts fell 18.2 percent compared to last year to $441.46 million.
  • Motor vehicle parts rose 26.79 percent compared to last year to $372.17 million.
  • Cell phones, related equipment fell 13.45 percent compared to last year to $289.9 million.

Looking more closely at U.S. imports from Thailand:

  • Computers fell 10.47 percent compared to last year to $2.69 billion.
  • Rubber tires rose 24.17 percent compared to last year to $1.79 billion.
  • Cell phones, related equipment fell 29.98 percent compared to last year to $1.52 billion.
  • Printers, all types, parts rose 9.63 percent compared to last year to $720.84 million.
  • Computer chips fell 4.27 percent compared to last year to $612.16 million.

In the latest annual figures available, Thailand recorded $42.03 billion in trade with the United States. At year’s end, its were Los Angeles; New York City; Atlanta/Savannah; Chicago; and San Francisco. Total U.S. exports to Thailand were $ 10.84 billion and imports from Thailand were $31.19 billion. The U.S. deficit with Thailand was $20.35 billion.