Thailand Balance of Trade

Last Release

Jun 30, 2025

Actual

1,062

Units In

USD Million

1,120

Frequency

Monthly

Next Release

Aug 25, 2025

Time to Release

26 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
4,974.14 Feb 2016	-5,916.16 Jan 2013	41.41 USD Million	1991-2025	N/A

As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia.

Latest Updates

Thailand expects to conclude trade talks with the U.S. before the August 1 deadline, and U.S. tariffs are unlikely to reach 36%, Finance Minister Pichai Chunhavajira said Tuesday. Meanwhile, acting Prime Minister Phumtham Wechayachai said Bangkok expects the Trump administration to offer a “very good” trade deal, following an agreement to end an armed border conflict with Cambodia under a U.S.-brokered peace initiative. The U.S. was Thailand’s largest export market in 2024, accounting for 18.3% of total exports, or USD 54.96 billion, while the U.S. trade deficit with Thailand stood at $45.6 billion. Pichai added that Thailand’s proposal remains unchanged. He noted that tariffs could be announced on August 1 or 2.