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Thailand

Thailand ranked No. 20 in total trade value through February with a total of $7.48 billion. Exports totaled $2.44 billion and Imports totaled $5.04 billion, a deficit of $2.6 billion.

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January – February 2019

Top Trading Ports

Total Trade: $7.48 billion

RankPortTotal YTD
1Port of Los Angeles $1,427,304,072
2Port of Houston $654,680,825
3Los Angeles International Airport $608,353,400
4Port of Savannah, Ga. $422,046,762
5Anchorage International Airport, Alaska $402,466,828
6Port of Newark $386,948,036
7Port of Long Beach $347,222,157
8Chicago O’Hare International Airport $330,498,481
9John F. Kennedy International Airport $254,389,549
10San Francisco International Airport, Calif. $249,796,202

U.S. trade with Thailand rose to $7.48 billion through February

Thailand’s trade with the United States rose to $7.48 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.97 percent above its total trade during the same time period last year. Thailand’s exports increased 26.48 percent while imports rose 3.43 percent. The U.S. deficit with Thailand was $2.6 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Houston; No. 3 Los Angeles International Airport; No. 4 Port of Savannah, Ga.; and No. 5 Anchorage International Airport, Alaska. 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 Port of Newark No. 4 Anchorage International Airport, Alaska and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 47.02 percent of Thailand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 15.2 percent to $1.43 billion.
    Exports fell 56.01 percent to $109.17 million. Imports fell 8.14 percent to $1.32 billion.
  • Trade with No. 2 Port of Houston rose 619.27 percent to $654.68 million.
    Exports rose 1196.51 percent to $540.82 million. Imports rose 130.93 percent to $113.87 million.
  • Trade with No. 3 Los Angeles International Airport fell 9.03 percent to $608.35 million.
    Exports rose 3.03 percent to $250.48 million. Imports fell 15.92 percent to $357.88 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 31.98 percent to $422.05 million.
    Exports rose 60.6 percent to $100.57 million. Imports rose 25.01 percent to $321.48 million.
  • Trade with No. 5 Anchorage International Airport, Alaska rose 18.76 percent to $402.47 million.
    Exports rose 20.18 percent to $148.04 million. Imports rose 17.95 percent to $254.43 million.

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. 22.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Thailand by value through February were the categories of Oil; Computer chips; Photo-sensitive semi-conductors, parts; Soybeans; and Motor vehicle parts, respectively. They accounted for 42.25 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; Computer chips; and Printers, all types, parts –– accounted for 32.45 percent of all inbound shipments.

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

  • Oil rose 1051.84 percent compared to last year to $613.61 million.
  • Computer chips rose 4.59 percent compared to last year to $126.37 million.
  • Photo-sensitive semi-conductors, parts fell 1.46 percent compared to last year to $120.23 million.
  • Soybeans fell 38.94 percent compared to last year to $85.77 million.
  • Motor vehicle parts rose 40.97 percent compared to last year to $83.9 million.

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

  • Computers rose 3.62 percent compared to last year to $603.83 million.
  • Rubber tires rose 16.05 percent compared to last year to $412.34 million.
  • Cell phones, related equipment fell 34.11 percent compared to last year to $303.31 million.
  • Computer chips rose 12.93 percent compared to last year to $158.62 million.
  • Printers, all types, parts rose 17.18 percent compared to last year to $156.76 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.