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.

Thailand on Inflation Watch from The Middle East Conflict

The February 2026 Middle East conflict has disrupted Thailand’s energy-dependent economy, risking inflation from rising oil prices. Businesses and households will face higher costs, prompting policymakers to strengthen energy security and manage price pressures through strategic measures and long-term solutions.

The MPC cut the policy rate to 1%, ahead of market expectations: signals a prolonged low-rate stance, with further easin…

The MPC cut the policy rate from 1.25% to 1.0% to ease financial conditions and support SMEs amid inflation risks. Despite expected economic growth at 2.0%, challenges persist, including tight credit for SMEs and a cautious approach toward low rates.

Crane Collapse… Exposing Structural Problems in the Construction Sector: Reform or Repeat the Same Mistakes?

Recent crane collapses in Thailand have eroded public confidence in construction safety. Enhancing regulatory oversight, adopting advanced technologies, and ensuring quality in bidding processes are vital steps needed to improve safety and restore trust in infrastructure projects.

Global Supply Set for Turbulence… the United States Moves to Impose a 25% Tariff on AI Chips

The U.S. will impose a 25% tariff on specific AI chips starting January 15, 2026, to boost domestic manufacturing. This decision impacts the global semiconductor supply chain, affecting trade and investment in Thailand’s electronics industry, necessitating strategic adjustments.

SCB EIC expects slower CLMV growth in 2026 amid U.S. tariff pressures and domestic challenges

CLMV economic growth is projected to slow to 5.6% in 2026 due to U.S. tariffs and global uncertainties. Domestic demand offers limited support amid structural challenges. Vietnam sustains robust growth, while Cambodia, Lao PDR, and Myanmar face specific risks. Trade and investment will moderate in 2026.

Exports in November continued to expand for the 17th consecutive month, but face downside risks of a potential contracti…

In November 2025, Thai merchandise exports reached USD 27.4 billion, growing 7.1% YOY, impacted by a slowdown in electronic and gold exports. Merchandise imports surged 17.6% YOY, leading to a trade deficit of USD 2.7 billion, signaling potential future contraction for exports.