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Thailand — Market Overview

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🇹🇭 Thailand

Thailand trades as a blend of domestic consumption, tourism recovery, and export manufacturing, but political uncertainty and softer external demand can quickly alter the valuation backdrop. The cleanest read usually comes from tourism and services normalization, auto and electronics exports, and whether domestic policy remains supportive enough to offset political friction.

Mappa regionale

Dati chiave

Thailand in sintesi

Capital

Bangkok

Currency

Thai Baht (฿)

Primary exchange

SET

Central bank

Bank of Thailand

Region

Asia

Time zone

Asia/Bangkok

Country dashboard

Perché questo mercato conta

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Esploratore macro

Cambia variabile, mantieni il contesto del paese

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

GDP

Nominal GDP shown as bars.

THB 10 BlnTHB 12 BlnTHB 14 BlnTHB 16 BlnTHB 18 BlnTHB 20 Bln20102011201220132014201520162018201920202021202220232024
Clicca un anno per ingrandire da quel punto.

Variabili disponibili

GDP

THB 18,6 Bln
Trend 1A+3.5%
Crescita media+4.3%

Cosa segnala

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Scambi e posizione esterna

Esportazioni, servizi e bilancia con l'estero

Invece di un generico muro di schede macro, questa sezione si concentra su come il paese attira domanda dall'estero, dove sta il suo vantaggio commerciale e come evolve la bilancia con l'estero.

Interscambio totale Thailand฿720,0 Mld
Beni
Servizi
Beni
Servizi
Esportazioni฿368,8 Mld
฿351,2 MldImportazioni
Bilancia con l'estero2024
Esportazioni +฿368,8 Mld
Importazioni -฿351,2 Mld
Saldo+฿17,6 Mld
฿368,8 Mld
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Thailand is capturing across both physical products and higher-value intangible flows.

฿300,5 Mld
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

฿71,9 Mld
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Thailand is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composizione degli scambi

Cosa esporta il paese

Partner commerciali

Dove commercia il paese

Lente sulle commodity

Esposizione alle materie prime

Trade openness136.7%

Trade in goods and services equaled 136.7% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports19.5%

Services represented 19.5% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share72.1%

Manufactures accounted for 72.1% of merchandise exports in 2024.

Fuel share3.4%

Fuel exports accounted for 3.4% of merchandise exports in 2024, useful for reading commodity exposure.

Food share14.7%

Food exports accounted for 14.7% of merchandise exports in 2024, adding context on agricultural exposure.

Cosa osservare

Chiave di lettura

01

tourism recovery

Thailand should first be read through tourism recovery. When this regime shifts, local multiples and sector leadership usually shift with it.

02

manufacturing exports

The cleanest read usually comes from tourism and services normalization, auto and electronics exports, and whether domestic policy remains supportive enough to offset political friction. That makes manufacturing exports one of the most important signals for revising the country narrative.

03

domestic policy stability

The final layer is domestic policy stability, because it determines whether the macro backdrop turns into sustainable earnings support for the SET Index.

Altri paesi

Continua attraverso Asia

Ogni scheda apre lo stesso modello di paese con la propria mappa, variabili macro selezionabili e vista benchmark. È la prima rete collegata di pagine paese nella regione.