KEY INDICATORS

•  Thailand’s exports of goods and services slowly recovered as the Thai baht slightly depreciated in Q1 2020, increasing 0.9% Y-o-Y to USD 62,672 million. Industrial products, accounting for 81% of the total exports, grew by 1.92% Y-o-Y.

•  The net flow of Foreign Direct Investment (FDI) into the manufacturing sector in Q1 2020 was USD 0.39 billion, decreasing by 79.9% Y-o-Y from USD 1.93 billion in Q1 2019 and by 69.2% Q-o-Q from USD 1.26 billion in Q4 2019.

•  Serviced Industrial Land Plot (SILP) sales in Q1 2020 were 234 rai (92 acres or 37 hectares) increasing by 15.8% Y-o-Y from 202 rai (80 acres or 32 hectares) in Q1 2019, but decreasing by 59.1% Q-o-Q from 572 rai (226 acres or 92 hectares) in Q4 2019.

•  The total supply of Ready Built Factories (RBFs) in Q1 2020 was 2.31 million sq. m., an increase of 1.2% Y-o-Y, while the vacancy rate improved to 22.7% compared to 24.6% in Q4 2019.

•  The total supply of Modern Logistics Properties (MLPs) in Q1 2020 increased to 3.89 million sq. m. by 1.3% Q-o-Q and 6.1% Y-o-Y, which increased the vacancy rate to 12.2% from 10.6% in Q4 2019.