Thailand Balance of Trade

Last Release

Jul 31, 2025

Actual

320

Units In

USD Million

1,060

Frequency

Monthly

Next Release

Sep 25, 2025

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
4,974.14 Feb 2016	-5,916.16 Jan 2013	42.08 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 unexpectedly recorded a trade surplus of USD 0.32 billion in July 2025, swinging from a USD 1.37 billion deficit in the same month last year and beating expectations of a USD 0.50 billion shortfall, as exports outpaced imports. Exports grew 11.0% year-on-year, marking the slowest pace in three months. Although easing from a 15.5% gain in June, the growth still surpassed the forecasted 9.6% rise, driven largely by front-loaded shipments ahead of a potential 36% U.S. tariff originally set to take effect on August 1. However, Thailand and the US reached a new trade agreement in late July, resulting in a reduced tariff of 19% on Thai imports. Notably, shipments to the US surged 31.4%. Imports increased 5.1% year-on-year, down from a 13.1% rise in June, but slightly above expectations of a 4.9% increase. For the first seven months of 2025, Thailand posted a trade surplus of USD 259.9 million, with exports and imports rising 14.4% and 10.6%, respectively.