External Trade: Volume of Exports of Goods and Services for Thailand
THATXRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.95
Year-over-Year Change
40.02%
Date Range
1/1/2016 - 1/1/2024
Summary
The External Trade: Volume of Exports of Goods and Services for Thailand measures the total volume of exports of goods and services from Thailand. This trend is important for economists and policymakers to understand Thailand's trade balance and global economic integration.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the physical quantity of Thailand's exports, including both goods and services. It provides insight into Thailand's export-driven economy and participation in international trade flows.
Methodology
The data is collected by Thailand's National Statistical Office and calculated based on international standards.
Historical Context
Policymakers use this metric to monitor Thailand's trade competitiveness and the impact of economic policies on the country's export performance.
Key Facts
- Thailand is one of the world's largest exporters of agricultural products.
- Exports account for over 60% of Thailand's GDP.
- Thailand's main export partners are China, the U.S., and Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of goods and services exported from Thailand, providing insight into the country's trade dynamics and global economic integration.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Thailand's export-driven economy and evaluating the country's trade competitiveness and the impact of economic policies on its export performance.
Q: How is this data collected or calculated?
A: The data is collected by Thailand's National Statistical Office and calculated based on international standards for measuring the volume of exports.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor Thailand's trade dynamics and the effectiveness of economic policies in supporting the country's export sector.
Q: Are there update delays or limitations?
A: The data is published regularly by the National Statistical Office, but there may be some delays in reporting or limitations in data coverage.
Related Trends
Balance of Payments: Total Net Current Account for Thailand
THABCAGDPBP6PT
Use of Financial Services Deposit Accounts: Household Accounts at Other Deposit Takers for Thailand
THAFCAODDHNUM
Value of Exports to Thailand from Arkansas
ARTHAA052SCEN
Total Credit to Non-Financial Sector, Adjusted for Breaks, for Thailand
QTHCAMUSDA
Deposit Money Bank Assets to GDP for Thailand
DDDI02THA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Commercial Banks for Thailand
THAFCSODCSXDC
Citation
U.S. Federal Reserve, External Trade: Volume of Exports of Goods and Services for Thailand (THATXRPCPPPT), retrieved from FRED.