Bilateral trade between Thailand and the United States returned last year to the pre-crisis level of 2008 and the upward trend is continuing this year, thanks to improving economic conditions in both countries, says a high-ranking US trade representative.
Exports and imports to and from Thailand with the US recovered significantly over the past two years, along with an increase of American investments in the kingdom, said Barbara Weisel, assistant US Trade Representative for Southeast Asia and the Pacific.
In 2010, bilateral trade reached $31.7 billion with the US importing $22.7 billion worth of goods from Thailand. Two-way trade totalled $32.6 billion in 2008 when Thai exports were worth $23.5 billion.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.