Abstract
In April 2026, Thai exports surged to USD 31.58 billion, growing by 23.1%, driven by strong demand for electronic products, particularly from the US, where exports increased by 44.2%. Agricultural exports also rebounded, rising by 17.9%. Meanwhile, imports shot up by 45%, reaching USD 41.6 billion, marking a record trade deficit of USD 10 billion. SCB EIC revised the 2026 export outlook to 7.8% and expects imports to rise by 15.8%, reflecting ongoing global trade growth and higher energy prices.
Summary
Strong Growth in Thai Exports
Thai exports surged in April 2026, reaching a value of USD 31,583 million—marking a 23.1% increase from the previous year. This growth significantly surpassed earlier predictions. The first four months of 2026 saw an overall export increase of 18.9%, largely driven by a strong demand for electronic products, particularly in the U.S. market.
Electronics Lead Export Growth
Electronic exports rose sharply by 64.6%, driven by global trends and increasing investments in electronics. Notably, exports to the U.S. expanded by 44.2%, significantly benefiting from the electronics sector. Additionally, agricultural exports rebounded by 17.9%, notably fresh fruit, underscoring diverse growth in Thai exports.
Record High Imports and Trade Deficit
In April, imports surged by 45%, the highest in five years, leading to a historic trade deficit of USD 10,021.3 million. This rise reflects growing demands for raw materials and fuel. The SCB EIC has revised its export growth outlook to 7.8% for 2026, while import growth is anticipated at 15.8%, influenced by global trade dynamics.
