Thailand Exports
Merchandise exports decline in June
Merchandise exports fell 6.4% in annual terms in June (May: -4.6% year-on-year). Meanwhile, merchandise imports dived 10.3% in annual terms in June (May: -3.2% yoy), marking the weakest result since December 2022.
As a result, the merchandise trade balance improved from the previous month, recording a USD 0.1 billion surplus in June (May 2023: USD 1.8 billion deficit; June 2022: USD 1.1 billion deficit). Lastly, the trend improved, with the 12-month trailing merchandise trade balance recording a USD 16.3 billion deficit in June, compared to the USD 17.4 billion deficit in May.
Thailand Exports Chart
This chart displays Exports (USD billion) for Thailand from 2013 to 2022.
Thailand Exports Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 251 | 243 | 227 | 271 | 285 |
| Exports (G&S, ann. var. %) | 3.4 | -3.0 | -19.7 | 11.1 | 6.8 |
| Merchandise Exports (ann. var. %) | 7.6 | -3.3 | -6.5 | 19.3 | 5.2 |