Chart, exports february : per area, and % of change from the Peak Exports

(Source Bank Of Thailand, table EC_XT_002)

Time to update the charts with data for february.

First, exports and imports, total amounts in billions THB.

expfeb11

You already know that the “better than worse” results in february (-11 % versus -25 % in january, y-o-y) were caused by a grotesque explosion of… sales of gold. To Switzerland. 😉

Let’s have a look now per area.

exfeb22

I’ve grouped “Others” = Australia, India, New Zealand, Nigeria, Russia, South Africa, Switzerland + the real “Others ” (only 25 % of the total amount of my group “Others”…).

We see the clear push in february. In the details, Switzerland went from 2,52 billions THB in february 2008… to 31,2 billions in february 2009 !!! 😉

Now, my little botte secrete : the chart with the % of change from the “Thai Peak Exports”.

It was in july 2008… The highest amount ever… 575 billions THB. The golden age. One month before the chinese olympic circus… It was before Lehman’s collapse and all the other (tiny) things that hurt… It was… like one century ago. 😉

A peak that we aren’t going to see again, anytime soon.

exfebokay4

Again, we can spot the aberration of the group “Others”.

Exports to Asean are still divided by 2, compared to july. And another worrying sign : exports to Japan continue to decline.

[I remind you the official calendar : the total amount of exports for march, will be published around april 20… Or later, because of Songkran. Then the BOT will publish the details on april 30. Stay tuned.]

4 Responses to “Chart, exports february : per area, and % of change from the Peak Exports”


  1. 1 World Insanity 1 April 2009 at 8:15 pm

    And here’s another article from the same source – The National News Bureau of Thailand (enjoy!)

    http://thainews.prd.go.th/newsenglish/previewnews.php?news_id=255204010048&tb=N255204&news_headline=Govt%20pensioners%20calls%20for%20GPF%20to%20be%20investigated%20for%20their%20current%20loss

    Govt pensioners calls for GPF to be investigated for their current loss

    Some government pensioners have today (April 1st) called for the Corruption Prevention and Suppression for Public Sector committee to investigate the Government Pension Fund’s account administration, believing that the economic condition and reduced interest rates are not sound reasons for its current deficit.

    Today, (April 1st) Major General Pirom Srichan and Major General Somchai Waramitra, government pensioners (Royal Thai Army) went to file a complaint at the office of the Corruption Prevention and Suppression for Public Sector committee, requesting them to investigate the Government Pension Fund’s account administration after the fund has recently been reported to be at a deficit. Maj. Gen. Pirom asserted that the fund’s reasons of economic condition and reduction in interest rates are not sound, thereby, affecting the financial security of some government employees especially those who have started working in 1997 and forward.

    Furthermore, Maj. Gen. Pirom also called for the office to investigate the fund’s investment administration in order to ensure that their past activities have been transparent.

  2. 2 World Insanity 1 April 2009 at 8:22 pm

    Oh my..& another (same source)….Thailand to save the world!

    http://thainews.prd.go.th/newsenglish/previewnews.php?news_id=255204010052&tb=N255204&news_headline=PM%20Abhisit%20to%20restore%20confidence%20back%20into%20the%20nation%20in%20G20%20London%20Summit

    PM Abhisit to restore confidence back into the nation in G20 London Summit

    Prime Minister Abhisit Vejjajiva reveals today (April 1st), that he is ready to provide confidence to foreign investors in order to push forward long term investment in the nation.

    During his interviews with the foreign press, Prime Minister Abhisit Vejjajiva disclosed that that he would be clarifying the current political situation and finding solutions to the economic crisis in which many countries have been affected. He added that since Thailand chairs ASEAN and is one of the leading developing countries, Thailand has been receiving a lot of attention from other nations in terms of ASEAN’s roles and contributions in helping the world tackle the economic crisis.

    Furthermore, measures aimed to help protect developing and third world countries are expected. Such measures would require the cooperation of financial institutions between nations, the World Bank and other related organizations globally.

    The Prime Minister asserted that this G20 London Summit will act as an arena, showing uniformity of all nations working together to achieve the common objectives.

    In terms of discussions with Indonesian and Australian Prime Ministers, PM Abhisit disclosed that he would be talking about the current political situation while affirming Thailand’s stance in bringing peace and uniformity back into the nation as soon as possible.

    The PM then added that he would make it clear in the Summit that the government will not use any violent measures to tackle the political problems but will solve them with the nation’s juridical system.

    Later during today’s afternoon (London time) the PM attended a business seminar with British investors in order to restore confidence and to ensure further long term investment in Thailand.

  3. 3 World Insanity 1 April 2009 at 8:49 pm

    DBD chief: More business terminated in March

    http://thainews.prd.go.th/newsenglish/previewnews.php?news_id=255204010013&tb=N255204&news_headline=DBD%20chief:%20More%20business%20terminated%20in%20MarchThe Department of Business Development (DBD)’s Director-general Mr. Khanitsorn Nawanukhrau revealed that the numbers of new company registered at the Department in March 2009 increased by 5.07 percent, compared to the past month, while the numbers of business liquidated in the same month increased by 17.55.

    According to the DBD’s statistic,in March 2009 alone, there were 3,479 companies nationwide registered to open their businesses at the Department or 168 companies increased, while there were 944 companies submitted liquidation notices to the Department . With the latest numbers, there are 5,058,469 companies totally remained running their business.

    In addition, the number of newly registered companies in the first quarter of 2009 have decreased by 16.7 percent, compared to the same period last year. The decline was due largely to the economic recession.

  4. 4 InPhuket 2 April 2009 at 4:11 am

    TC- I guess there is no reason to continue this website now that everything has returned to normal here in Thailand now:

    “London—Prime Minister Abhisit Vejjajiva told the leading British business community here Wedensday that Thailand has returned to normal despite some demonstrations in Bangkok.”

    http://www.nationmultimedia.com/breakingnews/30099418/Its-normal-now-in-Thailand-Abhisit

    Whew! I feel so much better now, thank you Abhisit.


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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.


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