Latest reading: Merchandise exports rose 7.2% annually in July, beating market expectations and following June’s 5.9% rise. Firms accelerating shipments...
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 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 increase at a softer rate in June
Latest reading: Merchandise exports grew 16.0% over the same month last year in June (May: +18.5% year-on-year). Meanwhile, merchandise imports climbed 13.7% over the same month last year in June (May: +19.3% yoy). As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 3.3 billion surplus in June (May 2025: USD 3.4 billion surplus; June 2024: USD 2.4 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 24.6 billion surplus in June, compared to the USD 23.7 billion surplus in May.
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 11 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 accelerate in July -
Taiwan: Merchandise exports gain steam in July Latest reading: Merchandise exports soared 42.0% annually in July, following June’s 33.7% upturn and well above market expectations. The outturn... -
Vietnam: Merchandise exports grow at a slower rate in July Latest reading: Merchandise exports growth rose 16.6% year on year in July, following June’s 17.4% increase, as front-loading activities continued... -
Korea: Merchandise exports accelerate in July Latest reading: Merchandise exports rose 5.9% on an annual basis in July, following June’s 4.3% increase. July’s figure marked the... -
Thailand: Merchandise exports increase at a softer rate in June Latest reading: Merchandise exports grew 16.0% over the same month last year in June (May: +18.5% year-on-year). Meanwhile, merchandise imports... -
Philippines: Merchandise exports growth hits over one-year high in June Latest reading: Merchandise exports jumped 26.1% in annual terms in June, following May’s 15.5% upturn. June’s figure marked the fastest... -
Mexico: Merchandise exports increase in June Latest reading: Merchandise exports shot up 10.6% over the same month last year in June (May: -0.5% year-on-year). June’s figure...