Thailand’s trade deficit widened to USD 5.71 billion in May 2026 from USD 1.12 billion a year earlier, marking an eighth straight monthly shortfall, though it was smaller than forecasts of a USD 6.6 billion gap, as exports rose much less than imports. Imports jumped 35.1% year-on-year, easing from a 45.0% rise in April and slightly exceeding forecasts of 35%, supported by ongoing government stimulus measures aimed at boosting consumption and investment. Meanwhile, exports grew 10.6% year-on-year, easing sharply from a 23.1% surge in April, falling short of forecasts of 11.6% and marking the softest increase since February. Export growth was driven by sales of industrial products, which increased 14.2%. Shipments to the US, Thailand’s largest market, soared 33.5% year-on-year, while those to Japan rose 11.7%, and those to China fell 2.5%. For the first five months of the year, the country posted a USD 25.2 billion trade deficit, with exports advancing 17.0% while imports surged 35.6%. source: Ministry of Commerce, Thailand

Thailand recorded a trade deficit of 5710 USD Million in May of 2026. Balance of Trade in Thailand averaged -30.05 USD Million from 1991 until 2026, reaching an all time high of 4974.14 USD Million in February of 2016 and a record low of -10020.00 USD Million in April of 2026. This page provides the latest reported value for - Thailand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Thailand recorded a trade deficit of 5710 USD Million in May of 2026. Balance of Trade in Thailand is expected to be -1000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Balance of Trade is projected to trend around -900.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-25 03:30 AM
Balance of Trade
Apr $-10.02B $-3.34B $-5.1B $-5.4B
2026-06-25 03:30 AM
Balance of Trade
May $-5.71B $-10.02B $-6.6B $-5.0B
2026-07-24 03:30 AM
Balance of Trade
Jun $-5.71B $ 3.9B


Related Last Previous Unit Reference
Auto Exports 59434.00 60190.00 Units May 2026
Balance of Trade -5711.00 -10020.00 USD Million May 2026
Exports 34333.10 31583.00 USD Million May 2026
Exports YoY 10.60 23.10 percent May 2026
Imports 40044.50 41604.30 USD Million May 2026
Imports YoY 35.10 45.00 percent May 2026


Thailand Balance of Trade
As an export oriented country, Thailand is highly exposed to external economic shocks, which lower demand for Thai products, thus affecting the trade balance. Thailand major exports are electronics, vehicles, machinery and equipment. The country mainly imports fuel, electronic and machinery appliances. Main trading partner are Japan (10 percent of total exports and 20 percent of total imports) and China (12 percent of total exports and 15 percent of total imports). Others include: the European Union, the United States and Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
-5711.00 -10020.00 4974.14 -10020.00 1991 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
Thailand Trade Gap Widens in May
Thailand’s trade deficit widened to USD 5.71 billion in May 2026 from USD 1.12 billion a year earlier, marking an eighth straight monthly shortfall, though it was smaller than forecasts of a USD 6.6 billion gap, as exports rose much less than imports. Imports jumped 35.1% year-on-year, easing from a 45.0% rise in April and slightly exceeding forecasts of 35%, supported by ongoing government stimulus measures aimed at boosting consumption and investment. Meanwhile, exports grew 10.6% year-on-year, easing sharply from a 23.1% surge in April, falling short of forecasts of 11.6% and marking the softest increase since February. Export growth was driven by sales of industrial products, which increased 14.2%. Shipments to the US, Thailand’s largest market, soared 33.5% year-on-year, while those to Japan rose 11.7%, and those to China fell 2.5%. For the first five months of the year, the country posted a USD 25.2 billion trade deficit, with exports advancing 17.0% while imports surged 35.6%.
2026-06-25
Thailand Posts Largest Trade Gap on Record
Thailand’s trade deficit widened sharply to USD 10.02 billion in April 2026 from USD 3.3 billion a year earlier, marking a seventh straight monthly shortfall, far above forecasts of a USD 5.1 billion gap. It was also the largest trade gap since the series data began in 1991, mainly due to a surge in imports. Imports surged 45.0% yoy to a record high of USD 41.6 billion, accelerating from a 35.7% gain in March and posting the fastest growth since August 2021, supported by ongoing government stimulus measures aimed at boosting consumption and investment. Meanwhile, exports rose 23.1% yoy to USD 31.6 billion, accelerating from an 18.7% increase in March, mainly driven by industrial product sales, which jumped 27.5%. Shipments to the US, Thailand’s largest market, soared 44.2% yoy, while those to Japan and China rose 23.4% and 21.9%, respectively. For the first four months of the year, the country posted a USD 19.5 billion deficit, with exports rising 18.9% while imports surged 35.7%.
2026-05-25
Thailand Trade Gap Largest in 5 Months
Thailand’s trade balance swung to a deficit of USD 3.34 billion in March 2026 from a surplus of USD 1.0 billion a year earlier, marking a sixth straight monthly shortfall. It was also the largest trade gap since last October, as imports continued to outpace exports. Imports jumped 35.7% year-on-year to USD 38.5 billion, accelerating from a 31.8% increase in February and posting the fastest growth since August 2021, supported by ongoing government stimulus measures aimed at boosting consumption and investment. Meanwhile, exports rose 18.7% year-on-year to a record high of USD 35.2 billion, accelerating sharply from a 9.9% gain in February, mainly driven by industrial product sales, which surged 21.4%. Shipments to the US, Thailand’s largest market, jumped 41.9% year-on-year, while those to Japan rose 9.1%, and exports to China fell 1.1%. However, exports to the Middle East plunged 57.1% due to the impact of the Iran war. In Q1, the country posted a USD 9.5 billion trade deficit.
2026-04-24