What does Thailand trade with the US?

U.S. imports from Thailand account for 1.3% of overall U.S. imports in 2019. The top import categories (2-digit HS) in 2019 were: machinery ($8.4 billion), electrical machinery ($7.6 billion), rubber ($4.0 billion), vehicles ($1.2 billion), and optical and medical instruments ($1.2 billion).

What are Thailand main exports?

The top ten export items were machinery including computers: $40.2 billion (16.4% of total exports), electrical machinery, equipment: $33.9 billion (13.8%), vehicles: $28.9 billion (11.8%), gems, precious metals: $15.7 billion (6.4%), rubber, rubber articles: $15.3 billion (6.3%), plastics, plastic articles: $13.3 …

Does Thailand have any trade barriers with the United States?

Thailand – Trade Barriers. Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country. Thailand is not a signatory to the WTO Agreement on Government Procurement. … Sanitary and Phytosanitary (SPS) measures continue to be a source of concern for the United States.

What are Thailand Major imports and exports?

The most recent imports of Thailand are led by Crude Petroleum ($18.3B), Integrated Circuits ($8.5B), Petroleum Gas ($7.09B), Vehicle Parts ($6.15B), and Gold ($5.12B). The most common import partners for Thailand are China ($45.7B), Japan ($28.9B), United States ($13.7B), Malaysia ($13B), and Singapore ($9.03B).

Who is Thailand’s biggest trading partner?

Thailand top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 29,719 12.72
China 28,068 12.01
Japan 23,136 9.90
Vietnam 11,608 4.97
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What are the major imports of Thailand?

Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent.

What is Thailand’s biggest industry?

Exports and tourism are the main drivers of Thailand’s growth. The tourism sector grew by 7.5% in 2018 while exports saw a 7.2% growth. Its key exports are automotive and electronic goods, as well as agricultural products such as rice, rubber, sugar and tapioca.

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