Thailand Balance of Trade

Last Release

Apr 30, 2025

Actual

-3,321

Units In

USD Million

970

Frequency

Monthly

Next Release

Jun 25, 2025

Time to Release

28 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
4,974.14 Feb 2016	-5,916.16 Jan 2013	36.26 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's trade deficit widened to USD 3.3 billion in April 2025, up from USD 1.64 billion in the same month last year and significantly above market expectations of a USD 1.2 billion shortfall. It marked the first trade gap in three months, as export growth lagged behind the surge in imports. Exports rose 10.2% year-on-year to USD 25.6 billion, the tenth consecutive month of expansion, though slower than the 17.8% increase in March. The result still exceeded forecasts of a 9.1% gain, as factories rushed to ship goods after President Trump announced a 90-day pause in April on plans to impose a 36% levy on Thai exports. Meanwhile, imports jumped 16.1% to a record high of USD 28.95 billion, accelerating from a 10.2% rise in March and far outpacing expectations of a 7.0% gain. For the first four months of 2025, the country posted a USD 2.2 billion deficit, with exports and imports rising 14.0% and 9.6%, respectively.