Investor Presentaiton
Nevertheless, increasing exports from Thailand to China
helped soften some of the impacts from the global slowdown
on the Thai economy and export sector
Export value
Export performance
=
Apr 2023 21.5 Bn USD (-4.9% YoY)
Ex Gold
Thai Export to Major Destinations
May 2023 24.1 Bn USD (-5.9% YoY)
Index sa, 3mma
(Jan 2019-100) Ex.gold
=
20.7 Bn USD (-6.6% YoY)
Ex Gold = 23.8 Bn USD (-5.9% YoY)
200
2022
2023
175
Share
% YoY
2022
150
2022
H1
H2
12
May
Q3 Q4 Q1
Apr May (%MoMsa)
125
Agriculture
Fishery
6.7 -1.7
8.1
-11.7 -13.2 -10.0 6.9
36.4
0.6 -2.1
2.8
-6.3
1.1 -13.5 -13.2
Manufacturing
89.0 4.8
10.4
-0.5
7.9
-8.3
-3.3
-30.6 -31.4
-5.0 10.1 4.6
-13.4
100
75
-1.5 4.1
50
Agro-manufacturing
13.9 8.6
12.0
5.1
13.5
-2.9
-0.1
-12.5 -4.0
5.1
Jan
Jul
2019
Jan
2020
Jul
Jan
2021
Jul
Jan
2022
Jul
Jan-23
Electronics
11.9
3.8
9.3
-1.2
5.1
-7.2
-8.0
-4.6
-5.5 2.3
ex. Munitions
Electrical Appliances
9.2
2.8
3.3
2.2
7.4
-2.8
4.6
6.0
13.5
4.7
Index sa, 3mma
(Jan 2019-100)
Asian Export Performance
Automotive
14.3
-1.6
-4.8
1.7
8.4
-4.1
2.1
-2.9
7.2
4.3
190
Machinery &
8.2
5.2
6.3 4.
10.3
-1.7
-0.1
-6.7
-0.2
1.6
16
Equipment
160
Petroleum Related
12.2
Total (BOP Basis)
100.0 5.5 11.9
GE
1.4 19.5
-14.1
-3.6
-24.2 -15.5 -23.8 -23.9
-5.8
-0.6
6.7
-7.5
-4.6
-4.9
-5.9
-1.9
130
Ex. Gold
4.4 9.6
-0.6
6.4 -7.3 -2.4 -6.6
-5.9
0.6
100
Ex. Gold &
4.8
8.2
1.5
8.0
-4.6
-0.5 -3.6 -3.0
1.4
Petroleum Related
70
%MoM calculated from seasonally adjusted data, using data since 2007 (subject to revision). P = Preliminary data.
Note: Data above are recorded by custom basis, except total export value which is recorded by BOP basis. Custom
basis considers recording as goods pass through Customs, while BOP basis considers changes in ownership between
residents and non-residents.
Source: Compiled from Customs Department's data
8
Source: www.bot.or.th
70
Jan
Jul
2019
Jan
2020
Jul
Jan
2021
Jul
Jan
2022
Jul
Jan
2023
US*
ME
ASEAN5
EU
China
CLMV
Japan*
CN
ID
VN
MY
TW
TH
KR
PH
SG
Bangkok BankView entire presentation