In March 2025, Thai merchandise exports surged 17.8% YOY to USD 29.5 billion, driven by strong electronics and gold sales. Despite growth, negative impacts from US tariffs loom ahead, with potential export contractions of 0.4% predicted for 2025.

In June 2025, Thai merchandise exports rose 15.5% year-on-year to USD 28,649.9 million, supported by electronics and gold exports. However, slower growth was seen in various sectors, while imports increased by 13.1%. Trade balance recorded a surplus of USD 1,061.7 million.

Thailand’s GDP is projected to grow 1.8% in 2025 and 1.5% in 2026, facing domestic and global challenges, including trade tensions and a strong baht. The government should focus on stabilizing, stimulating the economy, and structural reforms to attract foreign investment.

Thailand’s economy is projected to grow only 1.5% in 2026, the lowest in three decades, due to external pressures from trade wars and competition, alongside domestic structural issues. Urgent reforms are needed to boost resilience and economic potential amid rising uncertainties.