Thailand Current Account Surplus Narrows Sharply
2026-02-27 07:40
By
Kyrie Dichosa
1 min. read
Thailand’s current account surplus narrowed to USD 0.72 billion in January 2026, down sharply from USD 3.74 billion a year earlier.
The trade balance swung to a deficit of USD 0.74 billion from a surplus of USD 0.68 billion, as exports rose to USD 31.05 billion from USD 25.13 billion, while imports jumped to USD 31.79 billion from USD 24.44 billion.
Net services, primary income, and secondary income fell to USD 1.46 billion from USD 3.06 billion.
In the financial account, the overall balance decreased to USD 2.19 billion from USD 4.19 billion, driven by central bank inflows of USD 0.23 billion (vs 0.16 billion), general government outflows of USD 0.84 billion (vs inflows of 0.19 billion), and other depository corporations outflows of USD 2.25 billion (vs -2.50 billion).