Merchandise Exports in Thailand
Merchandise exports were worth USD 296.8 billion in 2024 in Thailand compared to USD 226.6 billion ten years earlier, and averaged USD 249.2 billion over the last decade. For more exports information, visit our dedicated page.
Thailand Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Thailand from 2014 to 2024.
Source: Macrobond.
Thailand Merchandise Exports Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Merchandise Exports (USD bn) | 226.9 | 270.7 | 284.9 | 281.0 | 296.8 |
Merchandise Exports (ann. var. %) | -6.5 | 19.3 | 5.2 | -1.4 | 5.6 |
Merchandise exports grow at a faster pace in May
Latest reading: Merchandise exports shot up 18.5% in annual terms in May (April: +9.8% year-on-year). The result marked the fastest outturn since March 2022. Meanwhile, merchandise imports jumped 19.3% on an annual basis in May (April: +17.2% yoy), marking the highest print since August 2022. As a result, the merchandise trade balance improved from the previous month, recording a USD 3.4 billion surplus in May (April 2025: USD 1.4 billion deficit; May 2024: USD 3.0 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 23.7 billion surplus in May, compared to the USD 23.3 billion surplus in April.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Thai merchandise exports projections for the next ten years from a panel of 12 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 merchandise exports forecast available for Thai merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai merchandise exports projections.
Want to get access to the full dataset of Thai merchandise exports forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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India: Merchandise exports fall at a slower pace in June Latest reading: Merchandise exports were broadly stable in June, falling just 0.1% year-on-year, following May’s 2.2% fall. Meanwhile, merchandise imports... -
Singapore: Non-oil domestic exports rebound in June Latest reading: Non-oil domestic exports (NODX) soared 13.0% on an annual basis in June, following May’s 3.9% drop. June’s outturn... -
Japan: Exports fall further in June; Japan and U.S. agree trade deal in July Latest reading: For the first time in two years, in June, yen-denominated merchandise exports shrank annually for the second consecutive... -
Argentina: Merchandise exports increase in June Latest reading: Merchandise exports shot up 10.8% on an annual basis in June (May: -7.5% year-on-year) thanks to booming energy... -
Malaysia: Merchandise exports rise at a milder pace in June Latest reading: Merchandise exports climbed 7.2% on an annual basis in June, on the heels of May’s 9.3% increase. The... -
Indonesia: Merchandise export growth surges in May Latest reading: Merchandise exports climbed 9.7% over the same month last year in May (April: +5.1% year-on-year). Meanwhile, merchandise imports... -
China: Merchandise exports gain steam in June Latest reading: Merchandise exports climbed 5.8% on an annual basis in June (May: +4.8% year-on-year), beating market expectations and coming...