Thailand Balance of Trade

Last Release

Feb 28, 2025

Actual

1,988.3

Units In

USD Million

-1,880

Frequency

Monthly

Next Release

Apr 25, 2025

Time to Release

1 Months 2 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
4,974.14 Feb 2016	-5,916.16 Jan 2013	42.15 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 posted a trade surplus of USD 2 billion in February 2025, shifting from a USD 0.55 billion deficit in the same month of the previous year. It marked the first trade surplus in five months and the largest since September 2023, due to a surge in exports amid a sharp easing in imports. Sales jumped 14% from a year earlier to a four-month high of USD 26.71 billion, marking the eighth consecutive month of expansion, following a 13.6% surge in January. Meanwhile, purchases grew by 4% to USD 24.72 billion, the ninth straight month of growth, slowing sharply from a 7.9% rise in the previous month. For the January–February period of 2025, the country recorded a USD 108 million surplus, with exports and imports rising 13.8% and 6.0%, respectively. Last year, the trade balance registered a deficit of USD 6.28 billion, with exports growing by 5.4%, less than the 6.3% growth in imports.