Investor Presentaiton
Rebound of the Thai economy coincided with the reopening
of our borders
VN
TW
G
MY
TH
KR
SG
Export Value
May 2022 = 25.6 Bn USD (11.3% YoY)
Jun 2022 = 26.2 Bn USD (11.1% YOY)
Asian Export Performance
Ex Gold = 25.3 Bn USD (13.4% YoY)
Ex Gold = 25.7 Bn USD (10.7% YoY)
2021
2022
Index sa, 3mma
(Jan 2019-100)
%YOY
Share
2021
2021
Jun
190
H1 H2
H1
Agriculture
Fishery
Manufacturing
7.2 28.1 23.4 33.3 8.1
0.6 8.8 3.0
14.5
2.9
89.6 23.5 24.4 22.6 10.5
Q1
-3.0
Q2 May Jun (MoMia)
16.2 24.5 22.9 2.5
170
14.1
10.7
10.3
-5.7 -4.3 -10.6 -0.5
11.2
150
10.6 1.0
10
Agro-manufacturing
13.6 13.2 15.3 11.1 11.8
10.3
13.3
17.4 15.0 0.6
130
Flectronics
1:21 18.9 19.0
1138.9
9.3
17.10
2.5
Electrical Appliances
Automotive
9.4 19.9 27.3 13.1 3.5
15.3 35.7 51.9 22.3 -4.7
7.8 -0.8
-5.6
-3.6
-24 156 12.1
4.0 -1.0 -2.7
-0.7 -5.4 -3.8
110
Machinery &
Equipment
8.2
20.1 27.3
13.8
6.3
5.6
7.0
13.0
8.0 -1.6
90
Petroleum Related
12.7 43.8 34.3
Total (BOP Basis)
53.0 35.7
100.0 19.2 19.2 19.2
29.0
41.5
45.2
37.8 0.2
70
12.0
14.4
Ex. Gold
24.9 26.7 23.2
9.8
9.7
9.6 9.9
11.3 11.1 0.8
13.4 10.7 -0.5
Jan
Jul
Jan
Jul
Jan
Jul
Jan
2019
2020
2021
2022
Ex. Gold &
22.5 25.7 19.5 6.2
7.1
5.3
8.6
6.9 -0.6
Petroleum Related
Note: Thai export excludes gold. Indonesian export excludes oil&gas. Hongkong domestic export.
Singapore domestic export excludes oil.
Source: CEIC, Customs Department, calculated by Bank of Thailand
%MoM calculated from seasonally adjusted data, using data since 2018 (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
5
Source: www.bot.or.th
Bangkok BankView entire presentation