Latest reading: Merchandise exports climbed 4.8% on an annual basis in May, on the heels of April’s 8.1% rise and...
Merchandise Imports in Thailand
In the year 2024, the merchandise imports in Thailand was USD 277.6 billion, compared to USD 209.4 billion in 2014 and USD 261.3 billion in 2023. It averaged USD 223.2 billion over the last decade. For more imports information, visit our dedicated page.
Thailand Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Thailand from 2014 to 2024.
Source: Macrobond.
Thailand Merchandise Imports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 186.4 | 238.8 | 271.6 | 261.3 | 277.6 |
| Merchandise Imports (ann. var. %) | -13.7 | 28.1 | 13.7 | -3.8 | 6.2 |
Merchandise exports accelerate in October
Latest reading: Merchandise exports jumped 14.0% over the same month last year in October (September: +1.2% year-on-year). Meanwhile, merchandise imports climbed 16.9% over the same month last year in October (September: +9.7% yoy), marking the strongest result since September 2022. As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.4 billion surplus in October (September 2024: USD 2.5 billion surplus; October 2023: USD 1.8 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 17.5 billion surplus in October, compared to the USD 17.8 billion surplus in September.
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 imports 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 imports forecast available for Thai merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai merchandise imports projections.
Want to get access to the full dataset of Thai merchandise imports forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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China: Merchandise exports grow at a milder pace in May -
Taiwan: Merchandise exports accelerate in May Latest reading: Merchandise exports shot up 38.6% year-on-year in May (April: +29.9% year-on-year). May’s result marked the fastest expansion since... -
Germany: Merchandise exports fall in April as boost from front-loading ahead of U.S. tariff hikes fades Latest reading: Merchandise exports shrank 1.7% month on month in seasonally adjusted terms in April, contrasting March’s 1.2% rise and... -
Germany: Merchandise exports fall in April as boost from front-loading ahead of U.S. tariff hikes fades Latest reading: Merchandise exports shrank 1.7% month on month in seasonally adjusted terms in April, contrasting March’s 1.2% rise and... -
Indonesia: Merchandise exports grow at a slower pace in March Latest reading: Merchandise exports increased 0.6% over the same month last year in March (February: +13.7% year-on-year). March’s outturn marked... -
Mexico: Merchandise exports increase in April Latest reading: Merchandise exports rose 5.8% in annual terms in April, following March’s 9.6% increase, amid higher mining and manufactured... -
Japan: Exports lose further steam in April Latest reading: Yen-denominated merchandise exports increased 2.0% annually in April. The print was in line with market expectations and was...