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Thailand

Thailand ranked No. 20 in total trade value through October with a total of $37.14 billion. Exports totaled $10.46 billion and Imports totaled $26.67 billion, a deficit of $16.21 billion.

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January – October 2018

Top Trading Ports

Total Trade: $37.14 billion

RankPortTotal YTD
1Port of Los Angeles $8,202,590,526
2Los Angeles International Airport $3,517,836,199
3Anchorage International Airport, Alaska $2,014,877,814
4Port of Newark $1,939,889,044
5Chicago O’Hare International Airport $1,778,641,285
6Port of Savannah, Ga. $1,732,613,943
7Dallas-Fort Worth International Airport, Texas $1,608,051,329
8John F. Kennedy International Airport $1,483,150,286
9San Francisco International Airport, Calif. $1,390,168,672
10Hartsfield-Jackson Atlanta International Airport $901,267,327

U.S. trade with Thailand rose to $37.14 billion through October

Thailand’s trade with the United States rose to $37.14 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 6.74 percent above its total trade during the same time period last year. Thailand’s exports increased 15.61 percent while imports rose 3.63 percent. The U.S. deficit with Thailand was $16.21 billion.

Through October, 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 Anchorage International Airport, Alaska; No. 4 Port of Newark; and No. 5 Chicago O’Hare International Airport. 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 47 percent of Thailand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 3.71 percent to $8.2 billion.
    Exports fell 9.13 percent to $1.22 billion. Imports fell 2.7 percent to $6.99 billion.
  • Trade with No. 2 Los Angeles International Airport rose 20.99 percent to $3.52 billion.
    Exports rose 8.33 percent to $996.88 million. Imports rose 26.86 percent to $2.52 billion.
  • Trade with No. 3 Anchorage International Airport, Alaska rose 7.18 percent to $2.01 billion.
    Exports fell 10.47 percent to $712.86 million. Imports rose 20.14 percent to $1.3 billion.
  • Trade with No. 4 Port of Newark rose 7.2 percent to $1.94 billion.
    Exports rose 22.8 percent to $69.23 million. Imports rose 6.7 percent to $1.87 billion.
  • Trade with No. 5 Chicago O’Hare International Airport fell 0.44 percent to $1.78 billion.
    Exports rose 19.93 percent to $616.35 million. Imports fell 8.66 percent to $1.16 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. 22.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Thailand by value through October were the categories of Oil; Photo-sensitive semi-conductors, parts; Computer chips; Cell phones, related equipment; and Soybeans, respectively. They accounted for 27.79 percent of total exports to Thailand.

The value of the top five categories of U.S. imports from Thailand –– Computers; Cell phones, related equipment; Rubber tires; Printers, all types, parts; and Computer chips –– accounted for 37.24 percent of all inbound shipments.

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

  • Oil rose 481.92 percent compared to last year to $745.29 million.
  • Photo-sensitive semi-conductors, parts rose 8.94 percent compared to last year to $666.17 million.
  • Computer chips rose 11.44 percent compared to last year to $660.56 million.
  • Cell phones, related equipment fell 13.57 percent compared to last year to $423.92 million.
  • Soybeans rose 65.58 percent compared to last year to $411.89 million.

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

  • Computers rose 11.17 percent compared to last year to $3.78 billion.
  • Cell phones, related equipment fell 7.1 percent compared to last year to $2.71 billion.
  • Rubber tires rose 21.14 percent compared to last year to $1.82 billion.
  • Printers, all types, parts rose 0.69 percent compared to last year to $815.71 million.
  • Computer chips rose 15.49 percent compared to last year to $808.47 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.