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Thai Trade Notes 2012
F
Thai Trade Notes
igures by the Economic Department of the Embassy of the Kingdom of the Netherlands in Bangkok.
Additional text and figures are edited by Commerce. Statistics by the Bank of Thailand, Thai Customs
Department and Central Bureau of Statistics Netherlands.
Thailand’s imports (in US dollar terms)
Thai imports in US Dollar terms grew by 8.4 percent in 2012. The significant increase in imports from Japan (17.6%)
and China (17.5%) can in part be attributed to a sharp increase in the import of machinery to replace or repair
machinery lost or damaged during the flood of 2011. The strong performance of European Union exports to Thailand
is inflated by a major aircraft deal from France and a very high export value of iron and steel from the United
Kingdom, which contributed 1.6 billion and 700 million respectively to the European Union exports to Thailand.
Unit: million US dollars
Thailand’s imports from the European Union (in US dollar terms)
In absolute terms, exports from the European Union member states to Thailand grew by 11.7% in 2012. This growth
is inflated by a major aircraft deal from France and an unusual high export value of iron and steel from the United
Kingdom, which contributed 1.6 billion and 700 million respectively to the European Union exports to Thailand.
Without these two irregular exports, European Union exports to Thailand would have registered a marginal decline .
The Netherlands remains the 5th largest exporter from the European Union to Thailand, after Germany, France, the
United Kingdom and Italy. Exports from the Netherlands to Thailand in 2012 were at a similar level to that in 2011.
The small 1.6 % growth is largely a result of export price increases.
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