played by the Thailand exports as well as other
diverse factors in the country’s economy is
significant. Actually, the Thai exports helped the
country to recover from the financial crisis that
affected the Asian countries from 1997 till 1998.
Countries from the United States and from Asia are
the principal destinations for the Thai exports.
Thailand is among the countries with exports in the
automobiles’ industry and with manufactures of
electronic goods. This country is among the nations
placed in the world’s top 10 of automobiles exports.
This is a result of over 1 million cars that have
been produced yearly, since 2005.
Thailand’s trade balance was significantly improved
by the fast increasing of the exports of cars
manufactured by firms from Japan such as Isuzu,
and Toyota. But, in the Thailand exports were also
ups and downs. In 2009, for example, the recession
affected the Thai trade.
The exports were of $150.9 billion from $175.3
billion represented by the goods exported in 2008. US are the
largest partner of exports and the 3 rd bigger supplier for
Thailand after China and Japan.
the fact that the traditionally important markets of
Thailand have been Japan, Europe and North America,
the economic recovery of the country’s regional
partners also contributed to the Thailand exports’
The exports also increased in some markets
such as the Middle East, China and India, countries
where Thailand’s exports were smaller. Among the
main products exported by Thailand are: footwear and
textiles, fishery products, rubber, rice, computers,
automobiles, jewellery and the electrical
appliances. In 2009, the most important export
partners of Thailand were:
Australia with 5.5%,
China with 10.6%, the United States with 10.9%,
Malaysia with 5%, Hong Kong with 6.2% and Japan with
10.3%. In the first semester of 2010, the exports of
Thailand grew to 32.45 % to $58.47 billion comparing
with the same period of the last year, a growth
helped by the global economy’s recovery.
Choklumlert, deputy general director at DEP (The Department
of Export Promotion) says that the Thailand exports grew
with 34.6% in the principal destinations and with 30.6% in
the emerging markets.
all these, the economy of Thailand could have
suffered most because of the international financial
crisis, from all the Asian nations. More, the
unsecure political situation may add to the
financial crisis. But, according to some signs, this
country can face the economic crisis.
of the government to the GDP is below the average,
if we refer to region, the investment privileges
remain some of the South Asia’s best ones and the
financial sector maintains liquid and capitalized.
Fast industrial expansion as well as the
population’s growth influenced the environmental
management and had as result the pollution levels’
increase (for example hazardous waste, water, noise
pollutants cause important impacts on health. The
estimations show that the water and air pollution costs
Thailand 1.6 to 2.6% of GDP every year.