Export and Import Price Index For Thailand

  July  2017

 
       Export Price Index of July 2017 compared with July 2016 increased by 2.5 percent which was increased all categories. The Major products were increased such as Refine fuels Chemical products, Polymers of ethylene, propylene, Electrical equipment, Iron and steel and their products, Prepared or preserved fish, crustaceans, molluscs in airtight containers, Sugar, Rubber, Chilled or frozen poultry cuts, Fresh, chilled or frozen shrimps, prawns and lobster. The main factors affecting from world trade and economic situation was get better. As a results, the demand for foreign markets has continued.
Import Price Index of July 2017 compared with July 2016 increased by 3.3 percent which was increasing in the indexes of the Fuel lubricants, the Capital goods, the Raw materials and intermediate products and the Consumer goods while the index of the Vehicles and transport accessories was decreased.
       July 2017 export price index (base year, 2012) was at 97.0 compared with July 2016 increased by 3.3 (YoY), mainly due to increasing all categories comprises of the indexes of the Principle manufacturing products such as Chemical products, Polymers of ethylene, propylene, Plastic products, Rubber products from products related to crude oil, Electrical equipment and Motor cars, motor vehicles, parts and accessories were increased from demand continually. Besides, Iron and steel and their products was increased corresponding with world market price, the Mineral products and fuel such as refine fuel from world crude oil was increased, the Agro-industrial products was increased from sugar and Prepared or preserved fish, crustaceans, molluscs in airtight containers from shortage of raw material and continued of market demand, the Agriculture products was increased from rubber, Fresh or dried fruit, Fresh, chilled or frozen shrimps, prawns and lobster, Chilled or frozen poultry cuts from decreasing in the quantity of products were released to market.
       July 2017 import price index (base year, 2012) was at 87.2 compared with July 2016 increased by 3.3 (YoY), mainly due to the change in price indexes of the Fuel lubricants such as Crude oil and Finished oil which was solving a problem of surplus supply, the Capital goods such as Machinery and parts, Electrical machinery and parts, the Raw materials and intermediate products such as Iron, steel and products, Chemical products, Metal ores, Fresh aquatic animals, chilled, frozen, processed and instant, the Consumer goods such as Medicinal and pharmaceutical products, Electrical household appliances while the Vehicles and transport accessories was decreased such as Parts and accessories of vehicles.
       Export Price Index (EPI) is a measure of the average change over time in the prices of goods and services that are exported from Thailand to other countries. Survey price is collected in term of F.O.B (Free on Board) and covered 4 categories such as the Agricultural products, the Agro-industrial products , the Principle manufacturing products and the Mineral products and fuel divisions covering 764 items.
       1. Export Price Index of July 2017 (base year 2012) was at 97.0 (June 2017 = 96.8) which comprises of the indexes of the Agricultural products were 91.4, the Agro-industrial products were 107.4, the Principle manufacturing products were 100.1 and the Mineral products and fuel were 61.7
       2. The change in EPI of July 2017 comparing with
       2.1 June 2017 (MoM) increased by 0.2 percent. The percent change in each groups is shown in below.
       Export Price Index was increased that comprises of the index of the Agro-industrial products such as Prepared or preserved fish, crustaceans, molluscs in airtight containers from demand of market continually after that Prepared or preserved fruits and Wheat products and other food preparations were increased as well. The index of the Principle manufacturing products such as Electronic machines and Motor cars, motor vehicles, parts and accessories from increasing in demand of foreign markets. Besides, Polymers of ethylene, propylene, Chemical products, Rubber products were increased from products related to crude oil, Iron and steel and their products corresponding with world market price. The index of the Mineral products and fuel was increased such as Refine fuels and Crude oil which resulted from increasing of world market oil price. However, the index of the Agricultural products was decreased such as Rubber from increasing of output released to market, Rice especially White Rice and Rice Parboiled from severe competition. However, Jasmine Rice was still good criteria.
       2.2 July 2016 (YoY) was increased by 2.5 percent. The percent change in each groups is shown in below.
       Export Price Index was increased all categories that comprises of the indexes of the Agricultural products such as (Rubber, Chilled or frozen poultry cuts, Fresh, chilled or frozen shrimps, prawns and lobster, Fresh or dried fruit and vegetable), the Agro-industrial products such as (Prepared or preserved fish, crustaceans, molluscs in airtight containers, Sugar, Prepared or preserved fruits, Wheat products and other food preparations, Non-alcoholic beverages, the Principle manufacturing products such as (Chemical products, Polymers of ethylene, propylene, Electrical equipment, Iron and steel and their products, Motor cars, motor vehicles, parts and accessories, Plastic products, Rubber products, Textiles), the Mineral products and fuel such as (Refine fuel). This was resulted from decreasing surplus supply and trend of crude oil was rising.
       2.3 January to June 2017 (AoA) increased by 3.2 percent. The percent change in each groups is shown in below.
       Export Price Index was increased all categories which comprises of the indexes of the Agricultural products such as (Rubber, Chilled or frozen poultry cuts, Fresh, chilled or frozen shrimps, prawns and lobster, Fresh or dried vegetable and fruit), the Agro-industrial products such as (Sugar, Prepared or preserved fish, crustaceans, molluscs in airtight containers, Fresh or frozen fruits, Wheat products and other food preparations), the Principle manufacturing products such as (Chemical products, Polymers of ethylene, propylene, Motor cars, parts and accessories, Electrical equipment, Iron and steel and their products, Plastic products, Rubber products) and the Mineral products and fuel such as (Refine fuels). This was resulted from decreasing in output , oil prices were likely to rise and world economic was recovery.
       Import Price Index (IPI) is a measure of the average change over time in the prices of goods and services that are imported from other countries to Thailand. Survey price is collected in term of C.I.F (Cost, Insurance and Freight) and covered 5 categories such as the Fuel lubricants, the Capital goods , the Raw materials and intermediate products, the Consumer goods and the Vehicles and transport accessories divisions covering 775 items.
       1. Import Price Index of July 2017 (base year 2012) was at 87.2 (June 2017 = 86.9) which comprises of the indexes of as the Fuel lubricants were 54.5, the Capital goods were 100.6, the Raw materials and intermediate products were 93.2, the Consumer goods were 100.9 and the Vehicles and transport were 92.7
       2. The change in IPI of July 2017 comparing with
       2.1 June 2017 (MoM) was increased by 0.3 percent. The percent change in each groups is shown in below.
       Import Price Index was increased such as the index of the Fuel Lubricants such as (Crude oil, Finished oil, Natural gas) from production of crude oil was decreased and using of crude oil in China highly. The index of the Capital goods such as (Machinery and parts, Electrical machinery and parts). The index of the Consumer goods such as (Medicinal and pharmaceutical products). While the index of the Raw material and intermediate products wasn’t change but some product groups were increased such as (Chemical products, Other metal ores, Fresh aquatic animals, chilled, frozen, processed and instant). However, the index of the Vehicles and transportation was decreased such as (Parts and accessories of vehicles) from depreciation of Yen currency compare with Dollars currency.
       2.2 July 2016 (YoY) was increased by 3.3 percent. The percent change in each groups is shown in below.
       Import Price Index was increased which comprises of the indexes of the Fuel lubricants such as (crude oil, Finished oil, Natural gas) from unwinding of surplus crude oil production capacity , the Capital goods such as (Machinery and parts, Electrical machinery and parts, Computers; accessories and parts), the Raw materials and intermediate products such as (Iron, steel and products, Chemical products, Pesticide, Other metal ores, Vegetables and vegetable products, Fertilizer, Fresh aquatic animals, chilled, frozen, processed and instant), the Consumer goods such as (Medicinal and pharmaceutical products, Electrical household appliances) while the index of the Vehicles and transport was decreased such as (Parts and accessories of vehicles).
       2.3 January to July 2017 (AoA) increased by 5.8 percent. The percent change in each groups is shown in below.
       Import Price Index was increased all categories that comprises of the indexes of the Fuel lubricants such as (crude oil, Finished oil, Natural gas, Coal, Other fuel), the Capital goods such as (Machinery and parts, Electrical machinery and parts, Computers; accessories and parts, Scientific, medical, testing appliances and instruments and Metal manufactures), the Raw materials and intermediate products such as (Iron, Steel and products, Chemical products, Vegetables and vegetable products, Other metal ores, Gold, Pesticide, Electrical circuit panels, Fresh aquatic animals, chilled, frozen, processed and instant, Yarn and fibers), the Consumer goods such as (Electrical household appliances, Medicinal and pharmaceutical products) and the Vehicles and transport such as (Passenger Motorcars, Parts and accessories of vehicles). The important importing products were increased from world market prices such as Crude oil, Finished oil, Iron, Steel and products which was resulted from unwinding in surplus supply including products relate to oil price was increased such as Chemical products and Plastic products, etc. However, rising of Import Price Index was gradual increased due to fluctuate in global crude oil.
      
      

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Export Price Index

 July   2017

( 2012 = 100 )

(US DOLLAR)

Group

Relative Importance
Weight
Year 2555

Index
Percent change
Jul.17
Jun.17
Jul.16
Jan.17-Jul.17
Jul.17/
Jun.17
Jul.17/
Jul.16
Jan.17-Jul.17/
Jan.16-Jul.16
 Total exports
100.00    
97.0
96.8
94.6
96.4
  0.2
  2.5
  3.2
 1. Agricultural products
10.32    
91.4
91.7
87.0
89.9
 -0.3
  5.1
  7.8
        1.1 Agriculture products
7.97    
85.7
86.4
82.3
84.8
 -0.8
  4.1
  8.3
        1.2 Fishery products
1.23    
116.8
115.4
108.0
113.6
  1.2
  8.1
  8.3
        1.3 Livestock
1.12    
109.6
108.6
101.4
105.8
  0.9
  8.1
  5.9
 2. Agro-industrial products
7.91    
107.4
106.8
99.0
105.4
  0.6
  8.5
  7.7
        2.1 Prepared or preserved fish, crustaceans, mollu
2.28    
118.9
116.8
101.9
113.4
  1.8
16.7
12.2
        2.2 Cane sugar and molasses
1.76    
112.0
112.0
94.7
108.6
  0.0
18.3
19.6
        2.3 Prepared or preserved fruits
.67    
116.6
115.4
111.3
115.6
  1.0
  4.8
  4.2
        2.4 Vegetable canned, prepared or preserved
.15    
105.9
103.9
97.2
103.1
  1.9
  9.0
  6.6
 3. Principle manufacturing products
75.09    
100.1
99.8
98.8
99.4
  0.3
  1.3
  1.1
        3.1 Textiles
3.15    
104.8
104.5
102.2
103.1
  0.3
  2.5
  1.1
        3.2 Precious stones and jewellery
5.75    
89.9
90.5
92.1
89.8
 -0.7
-2.4
 -0.7
        3.3 Electrical equipment
9.93    
104.1
104.0
101.4
102.4
  0.1
  2.7
  1.1
        3.4 Electronic machines
13.94    
101.1
100.3
101.0
100.6
  0.8
  0.1
 -0.1
        3.7 Iron and steel and their products
3.07    
97.4
96.6
93.6
95.2
  0.8
  4.1
  2.0
        3.10 Polymers of ethylene, propylene
3.72    
95.3
94.7
92.8
95.7
  0.6
  2.7
  4.2
        3.11 Plastic products
1.45    
102.5
101.3
99.7
100.8
  1.2
  2.8
  2.0
        3.12 Chemical products
3.71    
97.0
96.6
90.2
96.6
  0.4
  7.5
  9.4
        3.17 Rubber products
3.66    
97.2
97.1
96.6
96.9
  0.1
  0.6
  0.5
        3.21 Motor cars, motor vehicles, parts and accesso
12.49    
103.0
102.9
102.4
102.8
  0.1
  0.6
  0.9
 4. Mineral products and fuel
6.68    
61.7
61.1
56.0
63.8
  1.0
10.2
22.7
        4.3 Liquefied petroleum gas
.00    
58.6
60.8
55.1
60.5
-3.6
  6.4
  9.2
        4.11 Crude oil
.72    
35.8
35.1
36.9
37.2
  2.0
-3.0
  5.4
        4.12 Refine fuels
5.62    
61.2
60.7
55.5
63.7
  0.8
10.3
24.4

 

Import Price Index

  July   2017

( 2012 = 100 )

(US DOLLAR)

  : Bureau of Trade and Economic Indices, Office of the Permanent Secretary, Ministry of Commerce Tel. 0 2507 5802 Fax. 0 2507 5825

Group

Relative Importance
Weight
Year 2555

Index
Percent change
Jul.17
Jun.17
Jul.16
Jan.17-Jul.17
Jul.17/
Jun.17
Jul.17/
Jul.16
Jan.17-Jul.17/
Jan.16-Jul.16
 Total imports
100.00    
87.2
86.9
84.4
87.0
  0.3
  3.3
  5.8
 1.Fuel lubricants
19.36    
54.5
53.7
48.3
56.5
  1.5
12.8
27.3
        1.1 Crude oil
14.50    
50.6
50.0
45.9
53.9
  1.2
10.2
34.1
        1.2 Finished oils
1.39    
71.8
71.5
64.0
75.4
  0.4
12.2
25.5
        1.3 Natural gas
2.32    
55.4
52.8
44.2
52.2
  4.9
25.3
  5.0
 2. Capital goods
28.37    
100.6
100.5
99.5
100.0
  0.1
  1.1
  1.8
        2.2 Metal manufactures
1.81    
95.6
95.5
94.7
94.9
  0.1
  1.0
  1.9
        2.4 Machinery and parts
10.59    
101.9
101.8
100.7
101.1
  0.1
  1.2
  1.6
        2.5 Electrical machinery and parts
6.88    
98.8
98.6
97.5
97.9
  0.2
  1.3
  2.1
        2.6 Computers; accessories and parts
3.98    
101.1
101.1
99.8
100.8
  0.0
  1.3
  2.3
        2.7 Scientific, medical, testing appliances and in
1.90    
102.0
101.9
101.0
101.8
  0.1
  1.0
  2.2
 3. Raw materials and intermediate products
37.22    
93.2
93.2
91.5
92.5
  0.0
  1.9
  3.2
        3.1 Fresh aquatic animals, chilled, frozen, proces
1.13    
118.7
117.5
113.5
116.4
  1.0
  4.6
  4.7
        3.2 Vegetables and vegetable products
2.75    
97.9
98.3
95.9
98.2
 -0.4
  2.1
  4.5
        3.9 Chemicals
5.98    
87.2
86.9
84.6
87.0
  0.3
  3.1
  4.2
        3.10 Plastic products
1.47    
99.4
99.4
100.4
99.5
  0.0
-1.0
  0.3
        3.11 Jewellery including silver bars and gold
5.26    
84.1
85.4
88.5
84.1
-1.5
-5.0
  1.6
        3.13 Iron, steel and products
6.14    
85.3
85.3
80.6
84.5
  0.0
  5.8
  7.9
        3.14 Other metal ores, metal waste scrap, and prod
3.29    
97.6
97.3
91.0
95.4
  0.3
  7.3
  5.3
        3.18 Fertilizer and pesticide
1.37    
70.8
71.5
67.3
71.3
-1.0
  5.2
  2.3
        3.24 Electrical, electronic equipment and parts th
5.14    
105.2
104.7
106.2
104.5
  0.5
 -0.9
  0.6
 4. Consumer goods
8.64    
100.9
100.7
99.4
100.1
  0.2
  1.5
  1.1
        4.2 Milk and daily products
.24    
104.7
105.2
100.8
103.4
 -0.5
  3.9
  0.7
        4.13 Clothes, footwear and other textile products
.47    
104.2
103.4
102.6
103.0
  0.8
  1.6
  0.8
        4.14 Medicinal and pharmaceutical products
1.17    
95.3
95.1
92.7
93.9
  0.2
  2.8
  2.2
        4.16 Miscellaneous manufactured articles
.58    
99.0
99.1
98.3
98.8
 -0.1
  0.7
  0.4
        4.23 Electrical household appliances
2.79    
102.7
102.6
101.7
102.6
  0.1
  1.0
  1.2
 5. Vehicles and transport accessories
6.40    
92.7
93.0
94.1
91.9
 -0.3
-1.5
  0.3
        5.2 Buses and trucks
.38    
101.1
101.1
100.3
100.9
  0.0
  0.8
  0.7
        5.4 Parts and accessories of vehicles
5.10    
90.2
90.7
92.4
89.5
 -0.6
-2.4
  0.1