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Exports in February 2026 slowed, while imports accelerated to the highest level in 50 months; monitoring the impacts of …
In February 2026, Thai exports grew 9.9% YoY to USD 29.4 billion, driven by electronics but down from 24.4% the previous month. Imports surged 31.8% YoY, reaching a 50-month high. The trade balance recorded a deficit of USD 2.8 billion.
The Global and Thai Economies Amid the Uncertainty of the Middle East War
SCB EIC predicts a 2–6 week disruption in shipping through the Strait of Hormuz, raising Brent crude prices to USD 75/bbl. If conflict escalates, prices could hit USD 107/bbl, impacting global inflation, GDP, and Thailand’s economic growth.
