Merchandise Exports in Thailand
Merchandise exports fall at a quicker rate in April
Merchandise exports contracted 7.6% annually in April, following March’s 4.2% drop. Meanwhile, merchandise imports fell 7.3% in annual terms in April (March: -7.1% yoy).
As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.5 billion shortfall in April (March 2023: USD 2.7 billion surplus; April 2022: USD 1.5 billion deficit). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 19.0 billion deficit in April, compared to the USD 19.0 billion deficit in March.
Thailand Merchandise Exports Chart
This chart displays Merchandise Exports (ann. var. %) for Thailand from 2013 to 2022.
Thailand Merchandise Exports Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Merchandise Exports (ann. var. %) | 9.3 | 7.6 | -3.3 | -6.5 | 19.3 |