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Thailand

Thailand ranked No. 20 in total trade value through March with a total of $11.48 billion. Exports totaled $3.58 billion and Imports totaled $7.9 billion, a deficit of $4.32 billion.

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January – March 2019

Top Trading Ports

Total Trade: $11.48 billion

RankPortTotal YTD
1Port of Los Angeles $2,185,651,288
2Port of Houston $883,003,715
3Los Angeles International Airport $882,660,632
4Port of Savannah, Ga. $658,962,588
5Port of Newark $630,175,303
6Anchorage International Airport, Alaska $627,754,416
7Port of Long Beach $530,042,550
8Chicago O’Hare International Airport $508,332,609
9John F. Kennedy International Airport $383,351,757
10San Francisco International Airport, Calif. $381,135,175

U.S. trade with Thailand rose to $11.48 billion through March

Thailand’s trade with the United States rose to $11.48 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.22 percent above its total trade during the same time period last year. Thailand’s exports increased 19.2 percent while imports rose 5.23 percent. The U.S. deficit with Thailand was $4.32 billion.

Through March, 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 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 45.66 percent of Thailand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 15.65 percent to $2.19 billion.
    Exports fell 60.43 percent to $173.07 million. Imports fell 6.56 percent to $2.01 billion.
  • Trade with No. 2 Port of Houston rose 451.5 percent to $883 million.
    Exports rose 735.17 percent to $712.31 million. Imports rose 128.13 percent to $170.69 million.
  • Trade with No. 3 Los Angeles International Airport fell 10.36 percent to $882.66 million.
    Exports fell 1.15 percent to $343.36 million. Imports fell 15.38 percent to $539.3 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 32.83 percent to $658.96 million.
    Exports rose 49.51 percent to $154.03 million. Imports rose 28.46 percent to $504.94 million.
  • Trade with No. 5 Port of Newark rose 18.93 percent to $630.18 million.
    Exports rose 9.63 percent to $19.98 million. Imports rose 19.26 percent to $610.2 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. 21.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Thailand by value through March were the categories of Oil; Computer chips; Photo-sensitive semi-conductors, parts; Motor vehicle parts; and Cell phones, related equipment, respectively. They accounted for 41.34 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 32.46 percent of all inbound shipments.

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

  • Oil rose 1097.05 percent compared to last year to $877.49 million.
  • Computer chips rose 2.3 percent compared to last year to $187.38 million.
  • Photo-sensitive semi-conductors, parts fell 6.32 percent compared to last year to $174.46 million.
  • Motor vehicle parts rose 31.95 percent compared to last year to $128.31 million.
  • Cell phones, related equipment rose 5.88 percent compared to last year to $111.7 million.

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

  • Computers fell 6.56 percent compared to last year to $913.84 million.
  • Rubber tires rose 19.17 percent compared to last year to $635.7 million.
  • Cell phones, related equipment fell 27.2 percent compared to last year to $518.15 million.
  • Printers, all types, parts rose 16.09 percent compared to last year to $251.02 million.
  • Computer chips rose 5.46 percent compared to last year to $244.61 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.