Latest reading: In June, the trade balance was USD +4.1 billion, following a USD +2.3 billion reading in the prior...
Merchandise Trade Balance in Thailand
The merchandise trade balance in Thailand averaged USD 25.9 billion in the decade to 2024. The 2024 reading was USD 19.2 billion. For more information on trade, visit our dedicated page.
Thailand Trade Chart
Note: This chart displays Trade Balance (USD billion) for Thailand from 2014 to 2025.
Source: Macrobond.
Thailand Trade Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 31.9 | 13.3 | 19.4 | 21.3 | 24.8 |
Merchandise trade deficit narrows in May
Latest reading: In May, the trade balance was USD -2.6 billion, following a USD -6.8 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +3.2 billion. Merchandise exports were up 10.0% in annual terms in May, coming on the back of a 23.3% increase in the prior month. At the same time, merchandise imports increased 34.6% in annual terms in May, following 44.2% growth in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Thai trade projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Thai trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai trade projections.
Want to get access to the full dataset of Thai trade forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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