Thailand

Thailand ranked No. 20 in total trade value through November with a total of $42.68 billion. Exports totaled $12.09 billion and Imports totaled $30.6 billion, a deficit of $18.51 billion.

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January – November 2019

Top Trading Ports

Total Trade: $42.68 billion

RankPortTotal YTD
1Port of Los Angeles $7,378,707,653
2Los Angeles International Airport $3,022,292,432
3Port of Long Beach $2,620,648,677
4Port of Newark $2,430,986,625
5Port of Savannah, Ga. $2,365,885,661
6Anchorage International Airport, Alaska $2,158,845,581
7Chicago O’Hare International Airport $2,094,840,387
8Port of Houston $2,008,733,451
9John F. Kennedy International Airport $1,555,146,274
10San Francisco International Airport, Calif. $1,324,600,642

U.S. trade with Thailand rose to $42.68 billion through November

Thailand’s trade with the United States rose to $42.68 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.59 percent above its total trade during the same time period last year. U.S. exports to Thailand increased 4.92 percent while U.S. imports from Thailand rose 4.46 percent. The U.S. deficit with Thailand was $18.51 billion.

Through November, 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 Newark; and No. 5 Port of Savannah, Ga.. 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 41.74 percent of Thailand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 17.37 percent to $7.38 billion.
    Exports fell 43.64 percent to $728.21 million. Imports fell 12.93 percent to $6.65 billion.
  • Trade with No. 2 Los Angeles International Airport fell 20.66 percent to $3.02 billion.
    Exports fell 3.04 percent to $1.06 billion. Imports fell 27.78 percent to $1.96 billion.
  • Trade with No. 3 Port of Long Beach rose 161.54 percent to $2.62 billion.
    Exports rose 61.93 percent to $565.61 million. Imports rose 214.85 percent to $2.06 billion.
  • Trade with No. 4 Port of Newark rose 9.27 percent to $2.43 billion.
    Exports fell 60.04 percent to $61.37 million. Imports rose 14.41 percent to $2.37 billion.
  • Trade with No. 5 Port of Savannah, Ga. rose 24.39 percent to $2.37 billion.
    Exports rose 22.48 percent to $504.97 million. Imports rose 24.91 percent to $1.86 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 $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 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 $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Thailand by value through November were the categories of Oil; Computer chips; Photo-sensitive semi-conductors, parts; Motor vehicle parts; and Soybeans, respectively. They accounted for 35.41 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 34.02 percent of all inbound shipments.

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

  • Oil rose 167.93 percent compared to last year to $2.12 billion.
  • Computer chips fell 15.22 percent compared to last year to $617.27 million.
  • Photo-sensitive semi-conductors, parts fell 20.2 percent compared to last year to $584.44 million.
  • Motor vehicle parts rose 22.99 percent compared to last year to $487.63 million.
  • Soybeans fell 4.89 percent compared to last year to $467.61 million.

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

  • Computers fell 3.91 percent compared to last year to $3.98 billion.
  • Rubber tires rose 25.68 percent compared to last year to $2.54 billion.
  • Cell phones, related equipment fell 25.87 percent compared to last year to $2.13 billion.
  • Printers, all types, parts rose 2.97 percent compared to last year to $939.92 million.
  • Computer chips fell 6.68 percent compared to last year to $822.97 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.