Opportunities for Exporters
77
Manufacturing and Economic Statistics
Year on year , Thailand ’ s rankings have improved in many areas . Its trade surplus as a percentage of GDP was ranked 28th globally , and its current account surplus earned it a 16th place ranking . Its ranking was 14th largest for agricultural output , while Thailand ’ s manufacturing output was ranked 18th worldwide . It was ranked the world ’ s 25th largest exporter . Industrial output qualified Thailand for a 20th place ranking . Overall , Thailand ’ s economy was ranked 26th in size , and 27th for services output . Despite world-wide economic headwinds , Thailand ’ s economy has continued to move forward , with application requests for new factory openings totaling 2,889 , creating new employment opportunities for almost 85,000 workers in 2019 according to the Industry Ministry .