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Goods trade deficit with Thailand was $12

Goods trade deficit with Thailand was $12 2026

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The document provides a comprehensive overview of the U.S.-Thailand trade relationship, highlighting a goods trade deficit of $12.2 billion in 2009, with significant declines in both exports and imports. It discusses the status of Free Trade Agreement negotiations, high tariffs and non-tariff barriers that hinder market access, and issues related to government procurement and intellectual property rights. The document also outlines restrictions on foreign investment across various sectors, including telecommunications and healthcare, while noting ongoing efforts by Thailand to reform its regulatory framework for electronic commerce.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date of the report at the top of the form. This helps establish a timeline for your records.
In the 'Goods Trade Deficit' section, input '$12.2 billion' as the total deficit amount. Ensure accuracy to reflect current data.
Next, fill in the 'U.S. Exports' field with '$6.9 billion', indicating the value of goods exported from the U.S. to Thailand.
In the 'U.S. Imports' section, enter '$19.1 billion', which represents imports from Thailand.
Review all entries for accuracy and completeness before saving or exporting your document for further use.

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What is the trade deficit with Thailand?

The US has had a trade deficit with Thailand every year from 1999 through 2024. The 2024 deficit was $45.65 billion, an increase from 2023s deficit of $40.52 billion.

Is Thailand in a deficit?

Thailand recorded a Government Budget deficit equal to 2.20 percent of the countrys Gross Domestic Product in 2024. Government Budget in Thailand averaged -1.47 percent of GDP from 1979 until 2024, docHubing an all time high of 4.90 percent of GDP in 1991 and a record low of -9.10 percent of GDP in 2021.

What country has the biggest trade deficit?

The U.S. has the largest trade deficit by far, driven by strong domestic demand for goods such as electronics, crude oil, apparel, and automobiles. Other factors that drive Americas trade deficit include a strong U.S. dollar making foreign products cheaper, and a growing economy.

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