| Thailand is one of the fastest growing economies in | | | | testing and control instruments, and certain chemicals. |
| Asia. Although Thailand's economy is considered as an | | | | The United States alone allocate around $8 million |
| emerging economy, it greatly relies on its exports | | | | dollars of imported products to Thailand. |
| which practically accounts for more than 30 % of its | | | | Today, Thailand functions as the anchor economy for |
| Gross Domestic Product. | | | | its neighboring countries such as Burma, Laos, and |
| Thailand has indeed come a long way most especially | | | | Cambodia. It is certainly worth knowing that after |
| in its export aspect. In fact, Thailand is considered as | | | | the economic fall down of Thailand in 1998, this |
| one of the world's largest producer of rice. Aside | | | | nation was able to recover because of its exports. |
| from Vietnam and Japan, Thailand caters to most of | | | | This certainly proves that exports boost up a |
| the rice demand worldwide. Since Thailand is an | | | | country's economy for as long as proper measures |
| agricultural nation, most of the products that it | | | | are geared toward its realization. |
| exports are agricultural products. However, for the | | | | The automobile industry is perhaps one of the |
| past years, Thailand shifted to manufacturing such | | | | economic boosters of Thailand. In fact, Thailand has |
| that the products that it exports to other countries | | | | been the center of automobile manufacturing for the |
| now include garments, textiles, jewelry, computer | | | | South East Asian Nation market. One thing leads to |
| and components, integrated circuits, plastic products, | | | | another as another industrial venture is opened |
| toys, automobiles, and electrical appliances. The list | | | | because of the expansion of the automobile industry |
| just seems to go on. Indeed, Thailand has established | | | | in Thailand. This industry is steel industry production |
| itself in the world wide market. | | | | which supports the demands of its automobile |
| On the other hand, there are also a number of | | | | industries. |
| commodities that Thailand is short of. Thus, Thailand | | | | Thailand has indeed placed itself in the global map |
| relies on imports for these commodities. While | | | | with regard to exports. With this, Thailand is regarded |
| Thailand has been closely linking with its neighboring | | | | as the number one exporter of rice, chilled fish and |
| Asian countries, there are some imports from the | | | | prawns, and rubber. Moreover, it is also the world's |
| United States and Europe as well, with the United | | | | third largest exporter of integrated circuits and hard |
| States as their number one importer. | | | | disks. Correspondingly, Thailand is also the largest |
| Basically, the main imports from the United States | | | | exporter of canned products such as tuna and |
| include computer accessories, petroleum products, | | | | pineapple. Furthermore, it is also the largest exporter |
| telecommunications equipment, semiconductors, | | | | of precious stones. Finally, Thailand ranks second |
| industrial machines, plastic materials, measuring, | | | | largest exporter of tapioca products and sugar. |