Connect with us


Phuket Business: New trade records set for the island

Legacy Phuket Gazette



PHUKET: The Phuket Customs House reported another record-breaking year for international trade, with the island’s surplus of exports over imports in 2012 peaking at 11.4 billion baht, a 10% annual jump.

According to Phuket Customs’ receipts for the 2012 Thailand Government fiscal year (October 2011 – September 2012), the value of Phuket’s exports reached a new milestone of 13.5bn baht, up 8% from the previous year when exports were worth 12.5bn baht.

Likewise, export declarations in 2012 peaked at 1,250 entries, 13.5% more than the previous year when 1,101 entries were submitted.

Meanwhile, imports to Phuket this year were worth just over 2.08bn baht, a slight decrease from last year when the tally of imports was 2.12bn baht.

Despite the slight decline in export value, the number of declarations increased with 960 entries submitted this year, up 11.2% from last year when 863 entries were submitted.

Unsurprisingly, block rubber dominated the island’s exports. The raw commodity comprised 69.98% of all of Phuket’s exports representing a combined value of 9.47bn baht.

Second on the list was rubber particle board, worth 2.62bn baht or 19.39% of exports. This was followed by motor boats and related components, worth 1.12bn baht (8.34%), live fish worth 127,490 baht (0.94%) and frozen sea fish worth 96,854 baht (0.72%). All other exports were relatively insignificant with a combined value of only 85,416 baht or 0.63% of the total.

Although exact-to-date data of the island’s imports was not available, it can be presumed from a previous 11-month report conducted last month, that top imports were chilled sea fish, (about 30% of the total), merchant ship freighters (28%), sports and leisure vessels (25%), frozen sea fish (12%) and boiler components (2%).

Aside from the milestones set in trade, Phuket Customs also reported having a record year in revenue from the collection of Value Added Tax (VAT) on sports and leisure vessels sold on the island.

The Customs House earned more than 31mn baht from the taxation of 48 boats throughout the 2012 fiscal year, a rise of an astounding 55% from the previous year when it collected 19.9mn baht from 31 boats.

— Steven Layne


Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Coronavirus (Covid-19)1 hour ago

Songkhla beach party sees 61 arrested violating Covid-19 rules

Coronavirus (Covid-19)3 hours ago

Dr Boon, THG group must clarify Pfizer deal controversy

Coronavirus (Covid-19)6 hours ago

Moderna effectiveness drops just 1% in 6 months

Sponsored2 days ago

Tour Phuket’s Islands with 5 Star Marine

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Phuket7 hours ago

Body found in Phuket of Swiss woman presumed murdered

Phuket8 hours ago

TAT touts the Phuket Sandbox first month July successes

Protests11 hours ago

Monarchy supporters claim protesters weaponizing Covid-19

Join the conversation on the Thaiger Talk forums today!
Coronavirus (Covid-19)11 hours ago

5.7% of foreign residents in Thailand have received a dose of the Covid-19 vaccine

Travel12 hours ago

Top 5 Diving Schools in Koh Samui

Lifestyle12 hours ago

Best Places for Golf in Koh Samui

Crime12 hours ago

Child pornography group run by Suphan Buri couple busted

Thailand13 hours ago

Thailand News Today | Bangkok restrictions extended, record high infections | August 5

Thailand13 hours ago

Drugs found inside monk’s pillow at Suvarnabhumi Airport

Thailand14 hours ago

Fairy Sweet Village in Pattaya catches on fire, again

Coronavirus (Covid-19)14 hours ago

Thursday Covid Update: 20,920 new cases; provincial totals

Thailand16 hours ago

Phuket’s BigGym allegedly closes 2 branches for good, doesn’t reimburse members

Thailand5 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism5 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket5 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism5 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand5 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism5 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand7 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand7 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand7 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand7 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand7 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand7 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand7 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand7 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand7 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8