Thailand | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Thailand | Exports of goods and services (current US$)
1960 445713376.03734
1961 525964886.28787
1962 519061302.68199
1963 535813730.19683
1964 674951923.07692
1965 739759615.38461
1966 929903846.15385
1967 1024038461.5385
1968 1030048076.9231
1969 1075384615.3846
1970 1064423076.9231
1971 1179182692.3077
1972 1487497926.0846
1973 2016289601.5928
1974 2958365412.9258
1975 2732924326.1866
1976 3436992450.4793
1977 3947627127.1768
1978 4773874325.8726
1979 6178088809.3287
1980 7800900873.3147
1981 8309867952.7267
1982 8385609881.2719
1983 8053089819.1992
1984 9154262958.5417
1985 9030266961.9709
1986 11033548459.073
1987 14601717480.479
1988 20357574271.529
1989 25231065262.275
1990 29129276618.104
1991 35329436945.353
1992 41206839587.58
1993 47453533152.622
1994 56094977835.345
1995 70305503762.044
1996 71417458048.937
1997 72442635000.635
1998 65860574771.091
1999 71490257382.148
2000 81953035120.361
2001 76088350937.052
2002 81447794223.303
2003 93686920141.989
2004 114062494755.72
2005 129498934986.04
2006 152293268280.07
2007 181094565788.39
2008 208095289025.85
2009 181530421334.52
2010 226787505595.98
2011 262743281924.97
2012 274121377628.71
2013 282342912104.28
2014 278596013717.19
2015 271423493717.84
2016 277248464807.29
2017 304266013738.26
2018 328569784686.74
2019 323768892197.36
2020 257709985018.38
2021 296454965434.16
2022 325886644572.09

Thailand | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source