Today one USD is worth 33.4 Thai baht. It’s slowly strengthening in relation to the dollar. I remember when it was at 42 baht per dollar for a while the last time I was there in 2003. This must not be good for Thailand’s exports to the US. Furthermore, according to the State Dept. the US is its number one export market. I only managed to find Thai export rates to the US up to 2002. I want to know how the appreciation has affected its trade with the US since. I’ll keep this as a reference and keep looking.
| Table 3. U.S. Merchandise Trade with Thailand: 1997-2002 ($millions)http://www.us-asean.org/Thailand/thailand-RS21478.pdf |
February 14, 2007 at 3:17 pm
Actually, a stronger Baht is probably bad for Thai exports since it makes them more expensive to American importers.