Latest reading: In September, the trade balance was USD +90.4 billion, following a USD +102.3 billion figure in the previous...
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 2025 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 trade surplus shrinks in August
Latest reading: In August, the trade balance was USD +0.8 billion, following a USD +2.5 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +26.1 billion. Exports rose 5.6% in year-on-year terms in August, coming on the back of 9.6% growth in the previous month. Imports increased 14.8% in year-on-year terms in August, following a 4.4% rise in the prior month.
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 8 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.
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