| |
| Thailand |
| Foreign
Trade |
Trade
with the World
Value in US$ million |
 |
1994 |
1995 |
1996 |
| Total Export
Values |
45,733 |
56,432 |
55,789
|
| Total Import Values |
54,394 |
70,382 |
73,484 |
| Balance
of Trade |
-8,661 |
-13,950 |
-17,695 |
| |
Major
Import Products (1995 Value)
Value in billion Baht |
| Nuclear reactors, machinery |
334.18 |
| Electrical machinery and equipment |
336.92 |
| Iron and steel |
125.61 |
| Organic chemical |
66.10 |
| Plastics and articles made of plastic |
60.11 |
| Pearls and precious stones |
42.19 |
| Wood and articles of wood |
29.11 |
| Cotton |
22.62 |
Other major imports are fertilizer, petroleum and petroleum
products and transport equipment.
Imports declined sharply in 1996. Slowdown in exports caused
producers to cut back on production levels, reducing the need
for imports of machinery and demand for raw materials and parts/components
used in the production of export products also declined.
| |
| Major
Suppliers (1996) - Percentages |
| ASIA |
55.9% |
| Japan |
27.8% |
| ASEAN |
12.6% |
| Singapore |
5.4% |
| Malaysia |
4.9% |
| Taiwan |
4.2% |
| Republic of Korea |
3.6% |
| Europe |
16.3% |
| EU |
14.5% |
| Germany |
4.9% |
| NAFTA |
13.3% |
| USA |
12.5% |
| Middle East |
5.6% |
| |
Major
Exports (1995)
Value in billion Baht |
| Fish crustacean molluscs |
71.16 |
| Nuclear reactors, machinery |
196.90 |
| Electrical machinery &
equipment |
240.79 |
| Rubber and articles made of
rubber |
81.91 |
| Plastics and articles made
of plastics |
62.15 |
| Apparel knitted, crocheted |
43.11 |
| Apparel - not knitted, crocheted
|
64.84 |
| Pearls and precious stones |
54.27 |
| Cereal |
49.31 |
| Sugar and confectionery |
31.58 |
| Footwear |
53.75 |
Other major exports are rice, tapioca products, tin, kapok fibre,
coffee, tobacco and maize.
Thailand's exports soared 20% in 1995 and then declined to a
record negative growth in 1996. This sudden reversal can be
attributed to increased competitive pressure from other developing
countries in textiles and other labour-intensive industries
and reactionary declines in primary export products after the
high growth in the previous year. While exports to Asia did
grow in 1996 it was due largely to rising exports to China and
Taiwan. Export to ASEAN countries remained static.
Major Markets (1996)
USA, Japan, Singapore, Hong Kong, Malaysia, EU and Middle East.
| |
Trade
with Sri Lanka
Value in Rs. mn: |
|
1994 |
1995 |
1996 |
1997 |
| Total
Exports |
1,536.6 |
939.9 |
1,215.3
|
1,846.1 |
| Total Imports |
6,058.0 |
5,855.6 |
7,172.4 |
9,608.5 |
| Balance
of Trade |
-4,915.7 |
-4,915.7 |
-5,957.1 |
-7,762.4 |
| |
| Major
Exports from Sri Lanka (1997) |
|
Volume |
Value
(Rs. mn) |
| Gems |
4,698,629 |
54,887 |
| Diamonds |
22,039 |
395.17 |
| Chemicals and
Plastic products |
34,282 |
67.60 |
| Machinery and parts |
7,832 |
502.11 |
| Electronic products |
53,457 |
253,42 |
Major Imports into Sri Lanka (1997)
Machinery and equipment, textile and clothing, dried fish, petroleum
products, sugar, consumer goods, chemical elements and compounds
and building materials.
Sri Lanka's Market Share - 0.0003%
Tea bags, bristle fibre twisted, coconut shell charcoal, cut
flowers and foliage, crabs, woven fabrics, tyres and tubes,
activated carbon, jewellery, toys, games and sports requisites
and parts.
Past market development activities by Sri Lanka in the market
- None. |
|
