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Thai Exports in March 2025 Achieved the Highest Growth in 3 Years, but Full-Year Outlook Remains at Risk from Trade Wars
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.
Aftershocks Start to Shake Thailand’s Tourism Sector
The Mega Earthquake on March 28 has affected Thailand’s tourism sector, resulting in canceled hotel bookings and decreased advance bookings for the Songkran festival. Foreign tourist numbers are projected to decline, with potential revenue losses. Restoring confidence and implementing stimulus measures are crucial for recovery.
