Thailand Balance of Trade

Last Release

Oct 31, 2025

Actual

-3,440

Units In

USD Million

1,280

Frequency

Monthly

Next Release

Dec 26, 2025

Time to Release

29 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
4,974.14 Feb 2016	-5,916.16 Jan 2013	31.92 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 3.44 billion in October 2025, up from a USD 0.79 billion gap in the same month last year and well above expectations of a USD 0.65 billion deficit. It marked the largest trade gap since January 2023, as exports grew much less than imports. Exports rose 5.7% yoy, easing sharply from a 19% surge in September, marking the softest pace since September 2024 and well below market forecasts of a 6.1% gain, as the boost from manufacturers’ front-loading of orders faded following greater clarity on US tariffs. The US currently applies a 19% tariff on imports from Thailand, down from the previously announced 36% rate. Imports rose 16.3% year-on-year, following a 17.2% increase in September, exceeding expectations of a 7.5% rise, supported by the government's stimulus measures to boost domestic demand. For the first ten months of 2025, Thailand recorded a trade gap of USD 3.87 billion, with exports and imports advancing 13.0% and 12.4%, respectively.