Economy

In May 2025, Thailand’s merchandise exports surged 18.4% YOY to USD 31 billion, driven by electronic goods despite new U.S. tariffs. Imports also rose 18%, leading to a trade surplus. However, future export growth may face challenges from tariffs and global tensions.

On May 22, 2025, the EU designated Thailand as “low-risk” for deforestation under the EUDR, benefiting its agricultural exports by exempting them from complex compliance. This status enhances Thailand’s competitive edge in the EU market, particularly for rubber and palm oil.

June’s Pride Month celebrates diversity and equality, engaging over 450 million globally. With estimated spending of $3.7 trillion in 2023, economic opportunities grow. However, avoiding rainbow-washing is crucial as Thailand strives to become a premier Pride destination through genuine community support.