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%. source: Ministry of Commerce, Thailand

Thailand recorded a trade deficit of 350 USD Million in December of 2025. Balance of Trade in Thailand averaged 29.52 USD Million from 1991 until 2025, 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 February of 2026.

Thailand recorded a trade deficit of 350 USD Million in December of 2025. 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
2025-12-25 03:30 AM
Balance of Trade
Nov $-2.73B $-3.44B $-1.0B
2026-01-23 03:30 AM
Balance of Trade
Dec $-0.35B $-2.73B $0.1B
2026-02-25 03:30 AM
Balance of Trade
Jan $-0.35B $-2.1B


Related Last Previous Unit Reference
Balance of Trade -350.00 -2730.00 USD Million Dec 2025
Exports 28928.40 27450.00 USD Million Dec 2025
Exports YoY 16.80 7.10 percent Dec 2025
Imports 29280.40 3017.25 USD Million Dec 2025
Imports YoY 18.80 17.60 percent Dec 2025


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
-350.00 -2730.00 4974.14 -5916.16 1991 - 2025 USD Million Monthly
Current Prices, NSA

News Stream
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
Thailand Trade Deficit Expands on Strong Import Growth
Thailand's trade deficit widened to USD 2.73 billion in November 2025 from USD 2.20 billion in the same month a year earlier. It was the fifth time of a trade gap this year, with imports growing much faster than exports. Year-on-year, purchases jumped 17.6% to USD, accelerating from a 16.3% growth in October and marking the fastest pace since May, as domestic demand strengthened amid government support measures toward year-end. Meanwhile, exports grew at a slower pace of 7.1% to USD 27.45 billion, though this still represented an improvement from the previous month’s 5.7% increase, supported by resilient foreign demand as the year draws to a close.
2025-12-25
Thailand Trade Gap Largest in Over 2-1/2 Years
Thailand's trade deficit widened to USD 3.44 billion in October 2025, up from a USD 0.79 billion gap in the same month last year and well above expectations of a USD 0.65 billion deficit. It marked the largest trade gap since January 2023, as exports grew much less than imports. Exports rose 5.7% yoy, easing sharply from a 19% surge in September, marking the softest pace since September 2024 and well below market forecasts of a 6.1% gain, as the boost from manufacturers’ front-loading of orders faded following greater clarity on US tariffs. The US currently applies a 19% tariff on imports from Thailand, down from the previously announced 36% rate. Imports rose 16.3% year-on-year, following a 17.2% increase in September, exceeding expectations of a 7.5% rise, supported by the government's stimulus measures to boost domestic demand. For the first ten months of 2025, Thailand recorded a trade gap of USD 3.87 billion, with exports and imports advancing 13.0% and 12.4%, respectively.
2025-11-25