Latest reading: Merchandise exports rose 7.5% annually in July, on the heels of June’s 10.8% upturn and underpinned by higher...
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 increase at a softer rate in June
Latest reading: Merchandise exports grew 16.0% over the same month last year in June (May: +18.5% year-on-year). Meanwhile, merchandise imports climbed 13.7% over the same month last year in June (May: +19.3% yoy). As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 3.3 billion surplus in June (May 2025: USD 3.4 billion surplus; June 2024: USD 2.4 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 24.6 billion surplus in June, compared to the USD 23.7 billion surplus in May.
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 merchandise exports 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 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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China: Merchandise exports accelerate in July Latest reading: Merchandise exports rose 7.2% annually in July, beating market expectations and following June’s 5.9% rise. Firms accelerating shipments... -
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Germany: Merchandise exports rebound in June Latest reading: Merchandise exports climbed 0.8% in month-on-month seasonally adjusted terms in June (May: -1.4% mom s.a.). Meanwhile, merchandise imports... -
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