Thailand’s trade balance swung to a deficit of USD 2.83 billion in February 2026 from a surplus of USD 2.0 billion in the same month a year earlier, missing market expectations for a USD 0.96 billion surplus and marking a fifth straight monthly shortfall as imports continued to outpace exports. Imports surged 31.8% yoy to USD 32.27 billion, accelerating from a 29.4% rise in January and posting the strongest growth since December 2021. The sharp increase in purchases was driven by robust domestic demand, supported by government stimulus measures rolled out in the month of the general election. Meanwhile, exports grew 9.9% to USD 29.44 billion, slowing markedly from a 24.4% jump in January and underperforming forecasts of 15.1%. The sharp slowdown pointed to softer external demand, reflecting lingering uncertainties tied to geopolitical tensions in the Middle East, which weighed on global trade flows. During the January-February period, Thailand posted a trade gap of USD 6.14 billion. source: Ministry of Commerce, Thailand

Thailand recorded a trade deficit of 2830 USD Million in February of 2026. Balance of Trade in Thailand averaged 14.86 USD Million from 1991 until 2026, reaching an all time high of 4974.14 USD Million in February of 2016 and a record low of -5916.16 USD Million in January of 2013. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Thailand recorded a trade deficit of 2830 USD Million in February of 2026. Balance of Trade in Thailand is expected to be -2000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Balance of Trade is projected to trend around -900.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-23 04:30 AM
Balance of Trade
Jan $-3.3B $-0.35B $-2.1B
2026-03-24 02:40 AM
Balance of Trade
Feb $-2.8B $-3.3B $0.96B $-1.0B
2026-04-24 03:30 AM
Balance of Trade
Mar $2B $ -2B


Related Last Previous Unit Reference
Auto Exports 58405.00 84963.00 Units Jan 2026
Balance of Trade -2830.00 -3300.00 USD Million Feb 2026
Exports 29439.70 31573.10 USD Million Feb 2026
Exports YoY 9.90 24.40 percent Feb 2026
Imports 32273.30 34876.50 USD Million Feb 2026
Imports YoY 31.80 29.40 percent Feb 2026


Thailand Balance of Trade
As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
-2830.00 -3300.00 4974.14 -5916.16 1991 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
Thailand Unexpectedly Logs Trade Deficit
Thailand’s trade balance swung to a deficit of USD 2.83 billion in February 2026 from a surplus of USD 2.0 billion in the same month a year earlier, missing market expectations for a USD 0.96 billion surplus and marking a fifth straight monthly shortfall as imports continued to outpace exports. Imports surged 31.8% yoy to USD 32.27 billion, accelerating from a 29.4% rise in January and posting the strongest growth since December 2021. The sharp increase in purchases was driven by robust domestic demand, supported by government stimulus measures rolled out in the month of the general election. Meanwhile, exports grew 9.9% to USD 29.44 billion, slowing markedly from a 24.4% jump in January and underperforming forecasts of 15.1%. The sharp slowdown pointed to softer external demand, reflecting lingering uncertainties tied to geopolitical tensions in the Middle East, which weighed on global trade flows. During the January-February period, Thailand posted a trade gap of USD 6.14 billion.
2026-03-24
Thailand Trade Gap Hits 3-Month High
Thailand’s trade deficit widened to USD 3.30 billion in January 2026 from USD 1.88 billion in the same month a year earlier. It marked the fourth straight month of trade gap and the highest level since last October, as imports outpaced exports. Year-on-year, purchases surged 29.4% to a record peak of USD 34.88 billion, accelerating from 18.8% December and signaling the strongest pace since December 2022, amid the continued government’s support measures to boost domestic demand ahead of a general election in February. Meanwhile, exports jumped 24.4% to a record high of USD 31.57 billion, quickening from the prior 16.8% and pointing to the strongest rise since November 2021, boosted by robust foreign demand at the start of a new year. In 2025, trade shortfall stood at USD 5.31 billion, with both exports and imports growing 12.9%, respectively.
2026-02-23
Thailand Trade Gap Widens in December
Thailand’s trade deficit widened to USD 0.35 billion in December 2025 from USD 0.01 billion in the same month a year earlier. It marked the third consecutive month of a trade gap, as imports rose faster than exports. Year-on-year, imports surged 18.8%, accelerating from a 17.6% increase in November and marking the fastest pace since August 2022, amid the government’s efforts to boost domestic demand. Meanwhile, exports grew at a softer pace of 16.8%, though this still represented the strongest growth in three months, driven by industrial products, which jumped 20.3%. Exports increased to the US (54.3%), Japan (8.6%), China (4.4%), the EU (17.2%), and ASEAN countries (13.1%). For the full year of 2025, the country recorded a trade deficit of USD 5.31 billion, with exports rising 12.9% to USD 339.64 billion, while imports also grew 12.9% to USD 344.94 billion. For 2026, exports are forecast to either fall by up to 3.1% or rise by as much as 1.1%.
2026-01-23