Latest reading: Merchandise exports increased 4.4% year-on-year in August (July: +7.2% year-on-year). The figure marked the softest expansion since February...
Merchandise Imports in Thailand
Merchandise imports in Thailand were worth USD 277.6 billion in 2024, compared to USD 209.4 billion ten years earlier, and they averaged USD 223.2 billion over the last decade. For more information on imports, visit our dedicated page.
Thailand Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Thailand from 2023 to 2022.
Source: Macrobond.
Thailand Merchandise Imports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 186.4 | 238.8 | 271.6 | 261.5 | 275.8 |
| Merchandise Imports (ann. var. %) | -13.7 | 28.1 | 13.7 | -3.7 | 5.5 |
Merchandise exports growth slows in July
Latest reading: Merchandise exports climbed 9.6% year on year in July, on the heels of June’s 16.0% upturn. The figure marked the weakest increase since December 2024 and likely reflected the fading effect from shipment frontloading earlier this year. Meanwhile, merchandise imports rose 4.4% on an annual basis in July (June: +13.7% yoy), marking the weakest result since February 2025. As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 2.5 billion surplus in July (June 2025: USD 3.3 billion surplus; July 2024: USD 1.1 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 28.1 billion surplus in July, compared to the USD 26.7 billion surplus in June.
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 9 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 increase in August -
Taiwan: Merchandise exports continue to surge in August Latest reading: Merchandise exports soared 34.1% over the same month last year in August, on the heels of July’s 42.0%... -
Korea: Merchandise exports rise at a slower rate in August Latest reading: Merchandise exports increased 1.3% year-on-year in August (July: +5.8% year-on-year). This was less than half market expectations, with... -
Philippines: Merchandise exports grow at a more moderate pace in July Latest reading: Merchandise exports jumped 17.3% in annual terms in July (June: +26.9% year-on-year). Meanwhile, merchandise imports expanded 2.3% on... -
Thailand: Merchandise exports growth slows in July Latest reading: Merchandise exports climbed 9.6% year on year in July, on the heels of June’s 16.0% upturn. The figure... -
Mexico: Merchandise exports rise at a more moderate rate in July Latest reading: Merchandise exports rose 4.0% annually in July (June: +10.6% year-on-year) on stronger sales of manufactured and mining goods.... -
Indonesia: Merchandise exports gain steam in June Latest reading: Merchandise exports shot up 13.1% in annual terms in June, on the heels of May’s 9.3% increase. Meanwhile,...